CTP central petroleum limited

mOgny, I would disagree with the point that you quoted being:...

  1. 1,075 Posts.
    mOgny,

    I would disagree with the point that you quoted being:

    "In essence an Australian government has handed the governments of Singapore and China an unregulated natural monopoly for the transport of gas between the Northern Territory and Queensland."

    It should be noted that unregulated monopolies attract the interest of the ACCC and if they attempt to distort markets regulations will be introduced.

    I seem to remember the attempt of the major iron iron producers to constrain Fortescue Metals access to ports by rail. The ACCC and the Courts intervened in that dispute. I think the Chinese Government will know this as the provided the trains for Fortescue, if my memory is correct.

    Cheers

    Stoops

    PS I like the Paul Harris's idea that CTP should eventually buy the refinery at Alice Springs. I believe it would also be an excellent cash builder for CTP. Good one once again Paul.
 
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