Crude - how do you get to existing contracts + MBL + Santos...

Crude - how do you get to existing contracts + MBL + Santos Share = 15PJ in 2019?

MBL = 5.2PJ over 3 years = 1.73PJ= 4.7TJ/d

Double for Santos Share = 3.47Pj/year, so are you saying you think existing contracts are 11.53PJ/year? If that is the case they did a great deal by buying back the Magellan payment because they would certainly be making that payment!

Alas I can't find any support for that number so perhaps you could tell us where you got it?

I think the other thing you missed in the announcement is that the gas could come from Dingo or Palm Valley (according to the quarterly the latter is shut in at the moment on 24 hour standby so presumably they could bring that field back up and supply from there?). Santos don't have any interest in those fields so the "Santos Share" you refer to only comes into play if they supply the gas from Mereenie.