"reviewing project cost estimates..."
There were one or two brief mentions of project costs. The sector generally and the Carnarvon Basin in particular have been notorious for project cost over runs. Pluto was billions over cost. You do not need to dig deep to find over runs on any of the other Australian LNG projects built over the last 10 years. Chevron is the club champion but CSG LNG is right up there too.
The covid, worker mobility, supply chain thing will not help.
Other than that, medium bullish long term.
I expect Mr Market will be looking at the half yearly with narrowed eyes for capex estimates. This must be an issue for project sell downs as well, surely.
IMHO DYOR
Ann: Q2 2021 Report, page-40
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