CTP central petroleum limited

NT Govt mulls $60m for 14 inch pipe, page-2

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    Business case for NT Govt paying $60m to get the larger 14 inch pipe is that royalties for the additional gas, via the larger pipe, pay back the expenditure and eventually make a profit on it. As opposed to off shore gas inland gas royalties are paid to state/ territory governments. Also, the additional demand for gas encourages further exploration and development of NT gas resources.
    Last edited by m0ngy: 04/04/16
 
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