##"" 2/3's of the initial pipeline capacity has been reserved for CTP""##
Excuse me, but it appears that you've missed out on this part. I wonder why.
##""On commissioning, the NGP can deliver 90 TJs of much needed gas per day, with 70 per cent of available capacity in year one having already been contracted to support manufacturing and jobs in Northern Australia.
Last month Jemena announced its agreement with Incitec Pivot Limited (IPL) to transport at least 32 TJs of gas per day to supply its Gibson Island facility. This follows Jemena’s foundation agreement with the Northern Territory’s Power & Water Corporation to transport 31 TJs of gas to IPL’s Phosphate Hill facility for 10 years.
“Discussions with other parties are also well advanced, and we remain confident that NGP will be fully contracted by the time it is operational later this year” said Mr Boey. ""##
Now, it is apparent that 70% of available capacity has been contracted already............................ But.....................I can't see therein any mention of CTP being part of that.
I can see that Pivot is contracted with them and also the Northern Territory's Power ad Water Corporation, but none of it with Central Station.
So, IMO, the 60 or so TJ's which CTP was going to send down that pipeline every day from Mereenie and whatever else like the baseless rampers were saying, has been a big pipe dream..
As such, only 20 or 30 TJ's a day left, and CTP hasn't contracted to fill that remaining part either that we are aware of.
As for the rest of RC's comments, well it appears that he left the Country with only two words "NO COMMENTS" and, as such we can't even ask him as to why he made those comments and to support them.
All I am left with now, is to scratch my head in disbelief.
CTP Price at posting:
12.0¢ Sentiment: None Disclosure: Held
