Was anyone here present at the AGM today?
Good to hear gas production will be hitting 9TJ/day this December.
Also of note is Page 22 on Newstead Storage.
Iona that is referred to West of Melbourne has a total storage capacity of 23.5 PJ and was sold to QIC for $1.8 Billion. Newstead has 7.5PJ of capacity.
Iona is referenced as 500TJ per day in/out assuming this referring to volume moving in/out through compression. My broader questions are how much can we produce ex Newstead currently in/out per day? and - How much CAPEX is required to increase this capacity?
Another way of asking the question in case I don't make sense.
Iona can move 0.5 PJ per day of 23.5 PJ Total Storage or around 2% of total storage capacity. Iona is worth $1.8 billion.
Newstead can move ### per day of 7.5PJ Total Storage or around ### of total storage capacityNewstead is worth ###.
Interesting stuff. Link to QIC press release here -
http://www.qic.com/knowledge-centre/gi-media-release-20151008
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