manora field value, page-16

Macrobusiness quoted JP Morgan that AU gas worked as an effective dollar hedge, with upside to the energy market.
http://www.macrobusiness.com.au/2013/07/buy-mining-or-gas-on-weak-australian-dollar/

The article talks about oil-linked LNG suppliers particularly, but I think the same is true across the market.

I'm just back from a few weeks holiday in Vietnam and Malaysia, and those guys are still scrambling for more energy. I can't see anything but massive asian growth in fuel consumption for years to come.

Just more grist for the mill, but I am pretty happy with energy investments and TAP at the moment.