LNG 0.00% 4.3¢ liquefied natural gas limited

gladstone petrochina gas supply

  1. 63 Posts.
    I have read the announcements back to the companys March 2014 Investor Presentation, and the company website, and I can only find info that PetroChina was the companys expected gas supply for the Gladstone project. They expected gas to be secured in 2013, and now they are just saying: "Pending the securing of gas supply, the project is effectively on a care and maintenance program."

    Does anyone know what's happening with this?

    Are they simple waiting for PetroChina to come to the party or to find someone else? Is there a hold up on PetroChina's side?

    Thanks in advance for any enlightening and sorry if it's been discussed before.
 
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