GLL
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0.00% 1.4¢ galilee energy limited

The Glenaras Gas Project in the Galilee Basin is strategic in...

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  1. haxlee
    74 Posts.
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    15/08/18
    12:21
    Post #: 34950450
    The Glenaras Gas Project in the Galilee Basin is strategic in anticipating the looming gas shortage in Australia's east coast in 2019. The shortage would have flow-on effects for NSW, Tasmania and South Australia, which draw on gas from Victoria to meet peak demand.

    GLL has one of the largest contingent gas resources in eastern Australia and has a signed agrrement with Jemena for a pipeline that could transport gas from 2022...


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    GLL Price at posting: 73.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch. 1  Great analysis
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