It is true that the domestic gas market is seriously constrained on PvD. It is not just WA, QLD or NT but Australia wide.
I am hoping TTE do not target either market.....I am hoping the market will dictate where the best price is for TTE.
A pipeline is a pipeline whether it supplies to an LNG plant or the main for domestic use. All TTE want is the best price for the gas they supply to that pipeline and if an LNG plant wants to build a pipeline (which is a lot cheaper than a sub-sea pipeline) to their plant using PB gas then great.
The quest for LNG producers to lower capital costs will put pressure on any onshore supply scheme and this is what is great news for anyone who has a stake in PB.......
GEV Price at posting:
14.0¢ Sentiment: LT Buy Disclosure: Held
