Page 20
Key quote…."…fortescue hasn't revealed who is supplying the gas.." for its new pipeline energy investment.
We know that FMG has energy cost issues with its current infrastructure.
We know there is a "gasification" of the Pilbara drive in order to increase FMG's energy efficiency.
We know that Duet beat APA to win the $178m pipeline construction contract to connect a 270km pipeline from the FMG Solomon Hub power station to the existing Bunbury Dampier pipeline.
But we don't know who is supplying the gas!!
Given FMG's brief interaction with OBL (holding land & sea tenements north of BRU) in recent times, I wonder who might be the eventual supplier of choice for FMG?
NSE/BRU/WPL - anyone got any clues for any other potential suppliers ??
Time will tell.
JC
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