STX 1.32% 18.8¢ strike energy limited

Ann: CSBP Commits To Gas Offtake, page-9

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    Stuart's comment the other day re the WA export ban:

    "The Perth Basin has a structural advantage in its location and onshore cost base to supply 70% of the domestic gas market south of Geraldton, we will be the closest, lowest cost of supply," he said.

    "This piece of policy is just reinforcing the economic drivers of our business anyway."

    He did say however it was counterintuitive to stabilizing gas prices in the medium term as it could disincentive exploration needed to supply gas by the middle of the decade given more existing gas contracts will come off."
 
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