BLU 8.33% 1.1¢ blue energy limited.

Ann: Blue and EnergyAustralia Sign Gas supply HOA, page-43

  1. 7,818 Posts.
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    As you'd probably know Trev, a pipeline between Nth Bowen and Gladstone is fully approved and has been for some time. My understanding is it would take circa 6 months to build (going on memory here) ...

    Mind you, I don't know if the same pipeline routes are contemplated or others are under consideration(???) ... and who'd build it. (they did/do have an MOU with APA???)

    All this is detail stuff, but 2 to 3 years is on good authority. Point is, if GSA's appear this is great news for getting things lubricated for a pipeline happening. It may also be that prepayments are required and made by customers for their gas and this might be part of considerations.

    GSA's are what we need and seems clear enough that both Fed and State Govts. want the Bowen producing gas ... The view ahead looks as clear now as it ever has for Blue.
 
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