Double standard on referencing AEMO reports/data Psi?
you posted just a few days ago, "As for costs - I posted this link on the WPL board a week or so ago: AEMO Gas Transmission Costs Report"
At least you read their reports. So the actual drop (not forecasted) in demand from the observed 2012 peak didn't happen? (no need to go into the reason). Wouldn't that be considered a fact since its proven true?
I wholeheartedly agree that AEMO or any other body out there can come with a view that can counter another view based on the very same set of data. Doesn't make either party right until after the event occurs. I simply stated that the "gas shortage" scenario of 2012 was a little stale.
Whether the market is facing a shortage or oversupply scenario is mute. I believe I stated previously that IMO the jewel for CTP is their cost of production. At $1/GJ CTP should make lots of money (assuming they can get their gas into sales pipeline).
Re LNG, that market is clearly becoming oversupplied. I'm sure you're up to speed on Asian spot pricing and cargoes being redirected. As as holder of Santos I have my concerns.
Like I said before GLTA.
CTP Price at posting:
22.5¢ Sentiment: None Disclosure: Not Held
