This will likely be the next leg of expansion for STO.
Lots of options for gas supply into DLNG but nothing would beat Greater Sunrise piped to Darwin. This gives Timor Leste the option to build a regasification terminal and gas-fired base-load electricity to replace fuel oil imports.
STO is developing a great relationship with TL where WPL “shagged the pooch”, and is best placed to cut a deal if TL would consider it.
…time will tell but doubling DLNG to 7.4mtpa looks like a juicy prospect…
btw, how is STO not $10!
Darwin LNG expansion
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Last
$7.70 |
Change
-0.010(0.13%) |
Mkt cap ! $25.00B | |||
| Open | High | Low | Value | Volume |
| $7.71 | $7.74 | $7.67 | $38.60M | 5.011M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 59260 | $7.70 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.71 | 30000 | 1 |
View Market Depth
| Last trade - 16.10pm 21/05/2024 (20 minute delay) ? |
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Last
$7.71 |
Change
-0.010 ( 0.04 %) |
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| Open | High | Low | Volume | ||
| $7.70 | $7.74 | $7.67 | 1122674 | ||
| Last updated 15.59pm 21/05/2024 ? | |||||
| STO (ASX) Chart |