If BRU can provide confidence that it can continue to supply enough light oil or condensate (say a minimum of 5,000 to 10,000 bls/day) for long enough (say 15-20 years) then I can't see why BRU wouldn't be able to attract a USA or Chinese independent owner/builder/operator of a small modular (tea kettle) refinery to set up and supply NW of Australia with transport fuels. Or as you suggested even a private equity group. Better though someone in the industry already. They would be capable of working out the best location.
Modern plants wouldn't need that many employees with automated processes.
If BRU can provide confidence that it can continue to supply...
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| Last trade - 15.48pm 10/06/2024 (20 minute delay) ? |
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