These import facilities put a cap on future LNG prices. I am not factoring in a GSA with over $10 GJ, so am not worried about it. RC has mentioned demand destruction a few times, so my take on this is that he wants a situation where everyone wins. A price between $8 & $9 provides a very good profit for CTP and allows companies like IPL to stay in business and provide employment for Australian workers.
CTP Price at posting:
16.5¢ Sentiment: Buy Disclosure: Held
