According to CH 9 / AFR Aussie comps invested $ 195b in LNG...

According to CH 9 / AFR Aussie comps invested $ 195b in LNG projects as they see huge profits. Imagine, seeing a profit despite this huuuggggeeee investment is enough evidence that huge amounts of gas are needed to make that reality. We all know that the developed grounds are not enough to supply the gas needed. Soon more big international gas producers will swarm into QLD to develop the untapped tenements and which comp got the best located close to Gladstone ? BUL ! Don't worry about tenements licence expiries, the big money will be here before that happens.

First LNG leaving Gladstone now scheduled for 2nd half 2014, according to CH 9 / AFR. Let the bidding for BUL begin.