The story will have no effect on CTP. It has conventional gas...

The story will have no effect on CTP.

It has conventional gas stranded by lack of customers. Further ahead, there will be need to stimulate gas production, currently done by reinjecting co-produced water into Mereenie. Whether additional stimulation techniques would constitute 'fraccing' is contestable.

Jemima WILL build NEGI - the only question being small bore or large bore.

I'd say Pangaea, obliged to suspend exploration by the low price of oil, is simply playing the hand they are dealt. A little posturing and pressure on the government doesn't hurt.