Ann: HY 2015 Securityholder newsletter, page-5

I am watching too. What do you think of the Transgrid deal? Given there are several large consortia in this with SKI I suppose the relations with the others are relevant as are any side deals or guarantees offered. They certainly might have upset a few Chinese people.

I don't hold DUET but looking to invest in gas and power utilities and wonder whether APA will be allowed to get more market power here or be forced offshore.

The NTI pipeline was logically not "given" to APA and glad to see Jemena got it, which links back to China Grid. IMHO best to keep diversity in ownership of key infrastructure, whether foreign or domestic.

Can I ask how long you have held and why you bought and now hold, (if you still do)?