There will be competition from LNG import terminals (Ref: The Australian 18/9/18):
SA - Mitsubishi backed Venice Energy; Mid 2020
VIC - AGL Crib Pt; First Half 2020
VIC - Exxon Mobil ; 2022 (Under consideration)
NSW - Australian Industrial Energy Pt Kembla; Early 2020
Seems like a crowd of import terminals -- maybe they all wont be built, though we thought that about the Gladstone LNG plants and 3 out of 4 got built. They will definitely put pressure on prices, though the floor would be the LNG market price. How much spare LNG would be floating around on the spot market ?
Will SXY be able to develop and produce its resources to meet the market price ?
- Forums
- ASX - By Stock
- Ann: Senex completes asset portfolio review
There will be competition from LNG import terminals (Ref: The...
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SXY (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
1CG
ONE CLICK GROUP LIMITED
Mark Waller, MD
Mark Waller
MD
Previous Video
Next Video
SPONSORED BY The Market Online