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0.00% 5.2¢ central petroleum limited

"as soon as NGP is ready" Slide 2 indicates 4Q18 for first...

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  1. Ashentegra
    2,299 Posts.
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    07/12/17
    15:29
    Post #: 29457857
    "as soon as NGP is ready"

    Slide 2 indicates 4Q18 for first deliveries to the pipe, in contrast with Jemina's NGP forecast of Aug 18 - still less than 12 months away.

    I read also, CTP expects to pump 50Tj a day on Mereenie alone and to fill uncommitted NGP capacity of 60Tj/day.

    A lot depends on gas prices in 1-2-3 years time. Will Mal & Josh have overcome the shortages by then?

    Hmmmmm. Plenty to ponder there.

    Ash
    CTP Price at posting: 9.4¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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