STX 2.33% 21.0¢ strike energy limited

Ann: South Erregulla Peaking Power Plant, page-228

  1. 2,304 Posts.
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    Reasoning you'll probably find same as Stuart has said cheapest gas (cost around $1GJ )
    Cheaper extraction, close to major consumers (reduced transmission costs) which equates to cheaper energy costs.
    Cheap energy costs for government means jobs , manufacturing competitiveness.(basically a strong economy)
    Beach's exception was due to exceptional circumstances/covid era . Short window to do so and can't see it now being repeated . Think you'll see some major changes to offshore seems they've been tweaking numbers and avoiding commitments .
    Only big but/if is if government allowed offshore to supply their commitments from another field onshore then their "could " be some massive M/A action
 
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