I think I understand where VH is coming from. GLNG relies on third party gas from Origin and other suppliers to fill the plant. But the price of domestic gas is now so high compared to the LNG price that GLNG would rather pay a penalty to the suppliers than take full acceptance of the gas.
Hence the urgency for Santos to develop its own reserves so it can supply GLNG without third party purchases.
I think I understand where VH is coming from. GLNG relies on...
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Last
$7.85 |
Change
0.105(1.36%) |
Mkt cap ! $25.59B | |||
| Open | High | Low | Value | Volume |
| $7.80 | $7.89 | $7.80 | $24.20M | 3.080M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 44 | 65069 | $7.84 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.85 | 16 | 3 |
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| Last trade - 15.18pm 29/07/2024 (20 minute delay) ? |
| STO (ASX) Chart |