You can see the impact on the NGP re-opening and shutting down...

First 8 Last

Share
Profile

Follow
numeraire

438 Posts.

159

06/05/25

10:25

Post #: 78932539
Share

Originally posted by psi81: ↑

Interesting to see that Blacktip seems to be declining quite rapidly already. After peaking just above 50 TJ on 8/4 it's about to drop below 40 TJ after only a month according to the AEMO data.

It's possible they are restricting it due to demand but it is consistent with how Blacktip behaved the last few times they tried to increase production. An initial spike followed by very rapid decline.

If it does continue to behave like the previous times it will only have a few months in it. Then I suspect that will be the end of Blacktip, I'd be surprised if try again.

Might be some pretty nervous times at Eni's Darwin office at the moment. There are a few other undeveloped fields in the Bonaparte Basin, such as Frigate/Petrel/Term that could possibly be acquired and tied into Blacktip's infrastructure but even if that happened today it would be years before they could supply gas to it.

Expand

You can see the impact on the NGP re-opening and shutting down again - looks like that ENI flow was heading straight to the East Coast spot market.

CTP Price at posting: 6.3¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

SYR

Syrah finally back at it in Mozambique after Balama site access restored

Almonty Industries – Now it is getting critical!

Listen: HotCopper Wire Podcast 013 - They changed the IPO rules (and that's a good thing)

ASX Market Open: Fed hold, iron ore slump the latest anchors on Oz bourse | June 19

MEM

Many are concerned about global falling birthrates. This diverse stock has solutions

First 8 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

(20min delay)
Last 5.7¢		Change 0.001(1.79%)		Mkt cap ! $42.47M

Open	High	Low	Value	Volume
5.7¢	5.7¢	5.7¢	$1.705K	30K

Buyers (Bids)

No.	Vol.	Price($)
2	224795	5.6¢

Sellers (Offers)

Price($)	Vol.	No.
5.7¢	80000	1

View Market Depth

No.	Vol.	Price($)
2	224795	0.056
2	108144	0.054
1	18870	0.053
2	700000	0.052
1	800000	0.051

Price($)	Vol.	No.
0.057	80000	1
0.058	29973	1
0.059	8000	1
0.061	137146	2
0.062	10000	1

Last trade - 10.43am 19/06/2025 (20 minute delay)

CTP (ASX) Chart

You can see the impact on the NGP re-opening and shutting down...

Syrah finally back at it in Mozambique after Balama site access restored

Almonty Industries – Now it is getting critical!

Listen: HotCopper Wire Podcast 013 - They changed the IPO rules (and that's a good thing)

ASX Market Open: Fed hold, iron ore slump the latest anchors on Oz bourse | June 19

Many are concerned about global falling birthrates. This diverse stock has solutions

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

You can see the impact on the NGP re-opening and shutting down...

Top Stories

Syrah finally back at it in Mozambique after Balama site access restored

Almonty Industries – Now it is getting critical!

Listen: HotCopper Wire Podcast 013 - They changed the IPO rules (and that's a good thing)

ASX Market Open: Fed hold, iron ore slump the latest anchors on Oz bourse | June 19

Many are concerned about global falling birthrates. This diverse stock has solutions

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News