STO 0.07% $7.31 santos limited

Exists need to consider the Oil business separately to the Gas...

  1. 1,906 Posts.
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    Exists need to consider the Oil business separately to the Gas business.

    Prospects for Oil remain low while OPEC keeps average pricing lower.

    Prospects for LPG short term also down at moment, however longer term remain good.

    As countries, particularly China and India, are making decisions to completely replace or convert their higher pollutant coal generators to lower pollution fuels in order to satisfy internal demands for cleaner air LPG remains a serious alternative, with LPG regarded as cleaner and better suited than Oil.

    India's progress to supply power in rural areas with lower consumption using solar power because is cheaper continues. Success with this accelerates demand for solar power, yet not all of us eager to operate our own energy production systems..

    When electrical energy usage increases so does industrial need for stability, this needs transmission grids grow, along with need for larger conventional electrical energy generators..

    While possible larger solar power generators may come on line to serve this, remains need for larger quick start generators to meet reduced supply of solar power, something LPG achieves quite well.
 
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