COE 2.22% 22.0¢ cooper energy limited

Ann: Offshore Otway gas hub growth plan, page-4

  1. 71 Posts.
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    I think they are wanting to restrict the amount of gas into the market and time it before the next round of GSA expire which is around 2025 to 2027 - you can see this on the graph below that shows "yellow" and "blue" GSA drop and expire, that would be a good time to sell at spot should AGL want gas outside of GSA.
    Having said that capacity at 85tj per day from next financial year is a positive if everything goes to plan with Orbost. I think the important thing is to reduce cost per GJ.https://hotcopper.com.au/data/attachments/4353/4353753-6531ba00402d162e4c570c484d98d363.jpg
 
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