ESG eastern star gas limited

bpt vs esg, page-6

  1. 299 Posts.
    I'm pretty sure BPT has said they can see shale gas being produced at approximately $4 per GJ by 2015.

    $4 per GJ isn't economic compared to CSG at this stage but may be somewhere beyond 2015 assuming domestic prices increase significantly and Asian LNG prices hold up.

    Given the lead time to production, shale gas looks a medium term prospect.

    The SEC in the USA is also requesting substantial information regarding environmental impacts of shale gas production. The remote location of BPT's shale helps but still a fair way to go.

    ESG will prove very valuable for STO.



 
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