MaddocWhilst I applaud your lateral thinking. The Fishermans...

Maddoc

Whilst I applaud your lateral thinking. The Fishermans landing project is out of BOW's ball park.

In the final project structure AOE was up for 1.32 billion for field development and the Surat to Gladstone pipeline.

That was also assuming Shell contributed 30% of the field development due to their part ownership of the field.

LNG will have a tough time getting Fishermans Landing off the ground without AOE's committment. Wasn't this the main reason for the project structure change?

BOW's best option is to continue ahead with the Blackwater power station, and concentrate on getting more 2p on the board. Next step would be a larger power station preferably CCGT, and a negotiated Gas supply arrangement with one of the Curtis Island projects.