The deal brings strategically located gas storage and pipeline linkage to the key Wallumbilla Hub and hence access to LNG Gladstone, Southern markets via Moomba & significantly a linkage to Mt Isa.
The strategic benefits will be enhanced if the Northern pipeline linkage goes ahead. AJQ's close ties with THE pipe operator APA adds extra significance.
It also is a "hedge" against a decision that favours the Southern option pipeline as gas from NT will be routed via Wallumbilla and demandfor gas storage/management could become important
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Ann: Armour to Become Significant Producer via Roma Shelf Assets, page-8
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