STO 0.00% $7.74 santos limited

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    one way to solve the negative gas supply going forward - Alcoa to close one of its smelters- close down industry . Massive costs in losing down that refinery and remediating the land IMO and it will take many years .


    Alcoa accounts for about 25 per cent of gas demand in WA that is facing a shortfall in supply of about 8 per cent of demand over the next three years, according to the Australian Energy Market Operator.

    A complete closure of Kwinana, Alcoa’s smallest refinery in WA, would free up gas equivalent to about five per cent of the market and be a welcome relief to other users.


 
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