Thanks for the responses; makes sense that part of the 2C will...

Thanks for the responses; makes sense that part of the 2C will convert to 2P and it will be an iterative process depending on many factors.
Given this and the fact that the company solicited proposal for 50PJ per year, is it fair to expect that at least 300PJ will move from 2C to 2P? What are your thoughts?

I will try to find a C and P comparison for various companies in Australia, however I will truly appreciate if there is a graph or report that someone can share with me.