Maybe the market for CTP LPG will be global not domestic, and may include more industrial uses than in the past, such as fertiliser and Hydrogen. Predicting what will happen is hard because it is about the future! Pipeline charges may change, too.
Even if the energy gas cannot be sold above production cost, there is still the 6% Hydrogen. The price overall may still make it profitable. I have no idea how to model these prices and costs and no idea what prices and costs will prevail when and if the field is producing in, say, 2023-4, after pipeline link, or whatever, is built. Do you?
But it is a long time to wait and speculators tend to move on if they cannot see the possibility of immediate returns, that's true.
Add to My Watchlist
What is My Watchlist?
