Thanks for the Reply PSI!
If you have time happy for you to check my figures.
The increase in sales volume from NGP i used is 27TJ/day.
CTP have indicated this on some other announcements. I checked that against their plants capacity and current sale contracts as below:
Plant Capacity:
M - 22Tj/day (CTPs share)
D - 5 Tj/day
PV - 15 Tj/day
Total = 42 TJ/day
Current sales contracts are 15TJ/day.
42TJ/day - 15TJ/day = 27 TJ/day
So that does look like an increase 27TJ/day is theoretically possible. Weather those plants can operate at those flow rates remains to be seen i guess?
So total increase in gas sold per quarter through NGP i used 27TJ/day * 90 days = 2430TJ
For the assumed gas price I was being conservative and just assumed they have sold it for at least the same as their current gas sales. I would expect this to be higher than this as the east cost Gas Market should get a better price than NT?
So i was using $5550/TJ. This is just based on the last few quarterly gas sales. They don't publish a separate figure for Oil and gas just a combine sale. So i just assumed a Oil price of AU$85/bbl and got the following:
OIL Sales are $3.8M YTD based on 1 bbl of oil selling for AU$85
Gas Sales are $16.22M YTD - for 2921 TJ sold. So 1 TJ sells for roughly $5550/TJ
So if the above is correct then NGP revenue increase is 2430TJ * $5550/TJ = $13.5M per quarter.
Is the $/TJ number way out? on the AEMO site it has the short term price in brisbane at $9.5/GJ or $9500/TJ. So i would expect a long term contract to be less than this. Then would have to take off pipeline tariffs.
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