CTP 0.00% 5.1¢ central petroleum limited

We haven't taken up the maximum capacity of the Mereenie spur....

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    We haven't taken up the maximum capacity of the Mereenie spur. It is currently 44 TJ/d of which CTP will use half. That leaves Mac with the other 22 TJ/d, not including the pre-sale volume which will have to come out of CTP's allocation. They will put gas into the spur as a JV, and each will get half of whatever they put into it.

    Mac's 22 TJ can all go along the Mereenie spur, up the ADP and into the NGP. The rest of CTP's gas doesn't go along the spur because it comes from PV and Dingo, not Mereenie.

    Interesting to note that the apparently "spare" capacity in the NGP is almost exactly equal to MQG's share of the post-upgrade Mereenie capacity - 31.5 TJ vs 29 TJ. Unlikely to be coincidental IMO.
 
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