Ann: Quarterly Activities Report & Appendix 5B-CTP.AX, page-2

"A major portion of the revenue earnt from a sale of gas to Sydney is to pay pipeline tariffs for which,  in our case, the majority of the transport imposts are backhaul (i.e. no physical transportation).  The  ACCC Report has recommended a new regulatory test for new Gas Transportation Agreements  entered into after the implementation of the new recommended tests. Having read the report in  detail, Central estimates that up to $2/GJ should be shaved off the transport charges to Sydney.   These savings would be available to be shared between the industrial users and ourselves.   

All of this is great news for Central but it puts us in a true yet fortuitous quandary.  How much should  we sell now versus in 2018 (the year of the window of opportunity and the likely date of the new  pipeline regime)? " IBID

Nice problem to have