In fact to add further question to the situation may I make note of my understanding that Qld LNG is 98%+ methane from coal seams on the eastern seaboard NSW where the shortage is and will be more evident.
Natural gas in traditional terms and produced conventionally from moomba , bass straight offshore and onshore NT and WA consists of methane ethane propane iso and normal butane iso and normal pentane octane decane etc. At various percentages though methane the main component.
So in the main the shortage from my knowledge is natural gas and does not actually compete with coal seam therefore that amount supplied to NSW is currently transported in main from Moomba via brisbane pipeline and from Vic. ??
Current contracts also supply Vic and SA out of Victoria Offshore Bass straight and Pt Campbell. My guess is that they are where the shortfall emanates from?
We know LPG is supplied into NSW from Moomba and moomba to Adl supplies adelaide and customers enroute to Adl Barossa V and riverland SA.
My assumption is the current supply from moomba and Vic to NSW cannot supply enough via the conveyances currently in place as in reality I currently do not see how coal seam LNG is in competition...can someone enlighten me please?
Other point of question is Santos and whether they are also running the numbers for Ctp.
With MB opening the innings I strongly suspect they will be throwing into the ring and my senses tell me thats where the messiah is prophesing to SH.
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In fact to add further question to the situation may I make note...
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Last
5.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $40.98M |
Open | High | Low | Value | Volume |
5.4¢ | 5.5¢ | 5.3¢ | $2.456K | 45.65K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 275393 | 5.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.5¢ | 127247 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 275393 | 0.053 |
4 | 480000 | 0.052 |
4 | 940000 | 0.051 |
4 | 560000 | 0.050 |
1 | 100000 | 0.044 |
Price($) | Vol. | No. |
---|---|---|
0.055 | 127247 | 1 |
0.058 | 6030 | 1 |
0.059 | 326120 | 2 |
0.060 | 140000 | 1 |
0.067 | 149268 | 1 |
Last trade - 15.58pm 25/07/2025 (20 minute delay) ? |
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