Let me put it this way; it will be much cheaper for Eni to pay MEO/TSMP to take ES's CO2 than it will be to pump the CO2 component of raw gas to Darwin. There are obviously other stranded gas resources in the vicinity, so there are any number of variations.
We can be certain that Eni didn't spend a huge amount of money on NT/P68 to backfill DLNG!
MEO Price at posting:
4.7¢ Sentiment: Buy Disclosure: Held
