I’m thinking overall, I would rather it gets the go ahead as a win for the Gas industry SXY are part of and for common sense. Everybody needs State and Federal Govt support.
It will mean more gas supply to compete with SXY, but it will be 5 years before it’s online, if it even sees the light of day.
On the other hand, if it gets kicked out, STO will just have to buy SXY with the capex they won’t be spending. Also, I have a lot of BRU, so the Govt will have to supply E.Coast by building them a $5b pipeline from the Canning Basin instead