"We need a final capital cost for Gladstone. As we come up to a final investment decision, we will do a full funding plan."
>>> always on the cards
Mr Knox said Santos had enough gas to underpin the first processing 'train' at GLNG and contribute towards the second.
>>> good to know
While the joint venture had 10 trillion cubic feet of total gas resources (P1 + P2 + P3), gas from other Santos assets "could potential(ly) be a third-party gas supplier to the project".
>>> a poker bluff perhaps, unless other projects includes the Gunnedah Basin?
"I anticipate that we'll be able to underpin that second train from our existing reserves base ... over the next 18 months," he said.
>>> from other projects per above (?) or more drilling of their own gsg assets or acquisitions (ESG?) ... and perhaps this is confirmation that there is a 12-18 month timeline for something significant for ESG?
Thanks Dex
ESG Price at posting:
78.5¢ Sentiment: LT Buy Disclosure: Held
