CTP 0.00% 5.4¢ central petroleum limited

At the same time a report of possible building of an LNG plant...

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    At the same time a report of possible building of an LNG plant in Newcastle to import LNG from overseas to service the east coast at a cost of $400m+. Gas prices are reasonably high, we are about to go on grid and deliver, its been a long journey but progress is certainly being made.


    I wonder what our partner macbank is thinking of doing with their piddly little share of gas and oil production leases in the middle of nowhere, a business they have real operational knowledge of. I would have thought they would be need to serious think about either growing it or ditching it. 



    https://www.msn.com/en-au/money/company-news/newcastle-port-could-be-home-to-dollar500-million-gas-import-terminal/ar-BBQvqnG?li=AAgfOd8

 
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