new dawn on csg

There have been some interesting facts coming out about Australia's CSG future and the call for Australian GAS pricing mechanism to be linked to demand due to export hubs starting swallowing up all production rates in the future.

In WA Gas Companies must supply a certain percentage for domestic markets, this will drive the price for GAS upwards because of industry wanting more gas when supply is the issue.

Bigger Companies will be hunting at the moment for position and leases for such demand. EGO already have supply contracts, I feel KEY will follow soon.

BP SHELL CHEVRON just to name a few who were at the Perth CSG Fair for the last 4 days. this area will be good, hold on tight.