Mobile pipe plants could cut costs for mining companies
Tubi has conducted trials for BG Group’s QGC in Queensland and Russo is hoping to enter commercial contracts with the company and attract other big LNG players.
“The LNG plants are about to start up but they need to keep being fed gas over the next 20 years, so they will continue to put wells in the ground. So for us it’s a long term plan,” he says.
“We do offer the only solution to reduce upstream costs — up to 30 per cent on average.”
The 170 K pipeline to a possible LNG project with LNG ltd,just got a hellova lot cheaper for OBL.
The $150 million potential saving for bru on their pipeline,could be used to takeover OBL's Canning basin interests.
Lets get the SAT decision out of the way first.
With the nxs decision clearing the way for seven,things should start to heat up in the Gippsland basin.
Will OBL get cash or kind for its permits in the basin?
Consider coe's low initial dollar payment for 50 percent of the sole gas field and the Orbost gas plant.
coe have dangled a possible sell down from their 50 to 40 percent in the project.
Interesting times ahead that's for sure.
Raider
OBL Price at posting:
0.6¢ Sentiment: None Disclosure: Held
