Can STO survive, page-664

Good to see some unbiased reporting:

http://www.smh.com.au/business/ener...-lift-to-supply-in-sight-20170606-gwl6z3.html

the view that Queensland's gas export projects were "sucking vast volumes of gas from the domestic market and all would be well if this is stopped" was not correct.

"Firstly, the sale of Santos Cooper Basin gas to [Gladstone LNG] was all signed off in 2010, nearly seven years ago, without any obvious government concerns. The horse has well and truly bolted so far as that gas goes.

"Secondly, a substantial volume of other third-party gas contracted to the Santos-operated GLNG project appears to originate from other LNG projects and was never developed for domestic gas. Gas bought from third parties is not necessarily taking gas from the domestic market.

"Overall, it is likely that the net draw of the new east coast LNG terminals on domestic gas supplies is quite modest."