Additional gas being processed at Otway Gas Plant is at minimal additional cost. OGP runs 24/7 even when operating at 50% capacity. The gas from Enterprise will be sold to Origin Energy at competitive price. From my reading the gas price will be at the maximum $12 per GJ allowed by government price cap. Also, Enterprise gas has a higher amount of liquids.
The upshot is Otway Gas plant profits could almost double!
We are set for the big announcement on new BPT Strategy come Tuesday.
Additional gas being processed at Otway Gas Plant is at minimal...
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Last
$1.27 |
Change
0.000(0.00%) |
Mkt cap ! $2.885B | |||
| Open | High | Low | Value | Volume |
| $1.27 | $1.29 | $1.25 | $3.688M | 2.916M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 164998 | $1.26 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.27 | 6930 | 1 |
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| Last trade - 16.10pm 05/11/2024 (20 minute delay) ? |
| BPT (ASX) Chart |