12 vs 14 inches, who cares. Aren't Jemena confirming that they are about to place their order for the steel pipes in order to be on schedule? I thought CTP share price was languishing due to the fact that work on NEGI had not started yet. You would think a Purchase Order for the steel is not something Jemena can walk away from and effectively confirms the pipeline is going ahead.
The following statement does concern me unless it's all part of the negotiation process "Unfortunately there are currently not enough NT gas producers who are ready to commit to delivering gas to customers to be able to economically justify a larger pipeline at this stage," the company said in a statement.
I thought RC had said that CTP could fill the any spare capacity in a 12" pipe. What are your thoughts oilman?
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