hurricane update, page-4

Thanks Claired. I assume you are referring to STO LNG project in Gladstone.

I researched this quite a bit last night. Looks good for MOS on all accounts. They may benefit from increased use of Wallumbilla plant and pipelines. Also will benefit as the supply of CSG is used for exporting LNG which will see an increase of the price of domestic QLD gas.

The also recent news by a concortium to build a pipeline to SA/Cooper and to NSW that will allow a more national gas market will also benefit MOS long term. History has shown QLD gas prices to be very cheap compared to the remainder of Aust states. Due to their supply and lack of distribution. That will soon be changing.