CTP central petroleum limited
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In late news today it looks like the West to East pipeline may...

  1. tinstuff11
    5,711 Posts.
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    18/08/20
    23:09
    Post #: 46638579
    In late news today it looks like the West to East pipeline may not proceed - if this is correct then that cuts out significant competition for CTP.
    On the tv news the WA Premier said the 15% reservation policy [reserving gas for WA use] means said 15% cannot be exported to east coast - implying any east coast supply will have to come from the other 85%.

    Scant detail on this so far, but expect further details in coming days
    CTP Price at posting: 8.9¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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