SS,
The lack of gas into Gladstone is a problem. Gas flows have now been reversed. See http://www.gasbb.com.au/. Very interesting flows. The Australian gas industry never thought this was going to happen. The promised CSG has been held up. Arrow have a big resource in Moranbah ( 5000Pj ) and they will not walk away from this. Sooner or later a pipeline will be built to Gladstone.
BUL have proven reserves and are currently in talks to supply domestic users. It seems domestic users are being shunned by suppliers who are favoring supply to Gladstone. If BUL can get get some local supply contracts signed it will be a big boost for them. .....with the opportunity to supply Gladstone coming further down the line.
I hope this gasbb graphic works. It is quite illuminating.
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