yes, and the next March Qtr outcome will be totally different to the Dec Qtr just gone.
Because last Qtr only began the Visy contract, but from Jan started Alinta and another (??) long term contracts, and margins are way higher that spot prices.
The LNG netback pricing has skyrocketed from $4 something to $7 something, plus the transportation costs. Transportation from Qld to Vic I recall added about $1 per gj.
They said in Dec qtr gas flowed Qld to Vic, now going back the other way.
Yes Manta now looks way off.
Gas composition must be different.
Manta will be a separate project, and maybe an add-on to Orbost. Who would have confidence in APA now??
Might not even go to Orbost now??
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