Wsiu02
The gas is sold via a PSC 60/40 (after cost gas and income tax). The exact mechanics are a bit obtuse. However they sell the gas to the power station and/or the LNG terminal at about $5 bbtu. But this is very profitable to EWC. So when I net back the profit rom the PSC then I get a much lower gas price. As the operating expenses for shallow onshore gas is low.
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Wsiu02The gas is sold via a PSC 60/40 (after cost gas and income...
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Open | High | Low | Value | Volume |
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Last trade - 10.02am 04/12/2024 (20 minute delay) ? |
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