In the long term...
If there is excess domestic gas banned from export (or if the demand for LNG reduces) there is always the option of urea. Yes, it is on the back burner now, but the effective gas sales price is above the LNG price.
In the meantime, the proposed urea plant to our north actually increases the sales price of our gas (when it eventually flows).
In the medium term...
Now that STX is worth more to BPT than it is to other parties, they could be tempted to go early, once their Waitsia plant is operational and new CEO embedded.
In the short term... Walyering, drill, drill, drill.
In the long term...If there is excess domestic gas banned from...
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25.0¢ |
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Mkt cap ! $715.1M | |||
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