New gas has to be found because all existing gas has been pre-sold to Macquarie. Payment begins by gas when Jemena starts operating. That leaves CTP without income. The sale of gas that way was done because CTP couldn't get an underwriter to raise capital. Thank the collapse of the oil price,investors linking the gas price to the oil price incorrectly,state labour governments,Greens,lock the gate, and dishonest ,manipulative activists,the resulting bans and moratoriums, and inevitably a confused public for that sociopathic outcome. It has taken blackouts, closure of gas reliant industry ,and relentlessly escalating gas and power bills to jolt Federal government into recognition of the crisis and act on it. But you, and the other frequent negative posters, already knew this - so why are you and the others creating,intensifying, and maintaining the hypercritical posting culture ?
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