ok. so a lot of the construction phase has dried up as the plants are now virtually completed but what about the thousands of wells that are going to be needed to feed them?
the slide in the oil price with the lng price being aligned is imho, the biggest snag here - not sure about the existence of long term contracts or whether the low oil price will hurt revenues from these plants immediately? if production is delayed these majors are going to risk losing market share.
you would think they are committed now, regardless of the lng/oil price?
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| Last trade - 16.10pm 25/07/2025 (20 minute delay) ? |
| AUK (ASX) Chart |