A lot of posters are of the view that BP closing Kwinana refinery is solely TEG's problem and that TEG need to find a solution
Well I'm not so sure
I believe there is oil in the Perth Basin
So does no refinery = no exploration / no production?
At the moment TEG is involved in joint enterprises / partnerships with KEY, PGY & NWE in the Perth Basin
The no refinery problem requires a united multi company solution. Do you remember economies of scale?
OR we can just leave the oil in the ground
It's been a week since the announcement and 5 months and 3 weeks before the refinery closes
There is time to find and fund a solution
AIMHO & DYOR
Ann: Response to BP Kwinana Refinery Announcement, page-32
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