Great news - fantastic milestone. Well done management, found a way. As expected based on previous announcements, but significant that it’s now proven as feasible. Didn’t expect direct truck to tanker loading (as implied by photo), but that potentially answers the question about need for storage at PoG, if interpreted correctly. Would like to know expected steady state (not current startup) costs per barrel for transportation from Arrowsmith all the way to Singapore. More users to share costs with will only make this significantly better.
Well done TEG.
Ann: Major Milestone for Cliff Head Oil Export, page-3
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