BPT 1.69% $1.50 beach energy limited

Ann: Beach Energy Ltd FY23 Full Year Results, page-11

  1. 3,919 Posts.
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    On the high end of the Production Guidance for
    FY 24, BPT has included a bit of Waitsia LNG production. So there is a possibility that Waitsia LNG can start production on the 4 th quarter this Financial Year. I was expecting production will start by end of March but it appears end of April may be the Waitsia LNG start date. Also, the gas in storage at Xyris and Beharra Springs will be used to help Waitsia deliver gas to the LNG plant. This would lower penalty that will paid for not using LNG booked capacity and gas pipeline transport booked capacity.
    Quarterly report will provide Waitsia construction update. The question here is what will be the share of BPT once Waitsia LNG starts.
 
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