They use rail to get the oil Mereenie produces to Adelaide already. Trucks and rail are effective for oil because it's a liquid, though pipelines are usually a better option if the oil deposit is big enough.
You can't really use rail to shift gas. You would need to liquefy it first, or at the very least compress it. Neither are cost effective compared with pipelines which is why they use pipelines.
A few companies have half-heartedly proposed mini-LNG or compressed gas projects in Central Australia to allow them to monetise small deposits that aren't big enough to justify pipelines. I think even CTP might have mentioned it at some stage in the last decade. But I don't think any of them were ever seriously advanced because the economics don't stack up.
- Forums
- ASX - By Stock
- CTP
- Ann: Central Strengthens Management Team
Ann: Central Strengthens Management Team, page-8
Featured News
Add CTP (ASX) to my watchlist
(20min delay)
|
|||||
Last
5.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $37.74M |
Open | High | Low | Value | Volume |
5.5¢ | 5.5¢ | 5.4¢ | $114.6K | 2.083M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 427045 | 5.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.5¢ | 160543 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 55500 | 0.135 |
9 | 1167237 | 0.130 |
8 | 593133 | 0.125 |
19 | 902443 | 0.120 |
1 | 86000 | 0.115 |
Price($) | Vol. | No. |
---|---|---|
0.140 | 787079 | 9 |
0.145 | 1062465 | 10 |
0.150 | 344400 | 6 |
0.160 | 125481 | 8 |
0.165 | 497623 | 5 |
Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
Featured News
CTP (ASX) Chart |
The Watchlist
ACW
ACTINOGEN MEDICAL LIMITED
Andy Udell, CCO
Andy Udell
CCO
SPONSORED BY The Market Online