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This is in the today's AFR. Putting a pipeline to East Timor may...

  1. Horsetrader1
    4,960 Posts.
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    01/10/18
    07:28
    Post #: 35940729

    This is in the today's AFR. Putting a pipeline to East Timor may mean that Sunrise will not pass the WPL investment hurdles. (That has been the talk for a very long time). I suspect that Sunrise in horizon 3 is the right place for it and it could go our further. There will be tension for E Timor as well, as they will need Sunrise revenue to maintain their economy. How this plays out will be interesting.

    Would WPL sell it's stake to E Timor to get out of Sunrise and all the hassles that this filed has given them?


    https://www.copyright link/business/energy/gas/east-timor-buys-conocophillips-greater-sunrise-share-for-484m-20180930-h16204


    Last edited by Horsetrader1: 01/10/18
    WPL Price at posting: $38.58 Sentiment: Hold Disclosure: Held
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