STO 0.52% $7.59 santos limited

Nah leave BAS stranded - it only gets cheaper with current govt...

  1. 9,158 Posts.
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    Nah leave BAS stranded - it only gets cheaper with current govt policy and attitude ?
    STO are short on time now with already planned and approved project so IMO will go with easiest solution to keep Darwin LNG producing and worry about mopping up extra gas later depending on market,

    Best part of Darwin LNG by STO is that it will probably get first option from buyers when / if the govt stops QLD export on a quarterly basis due to east coast shortage so either way STO fulfills contracts and a huge difference in shipping turn around as opposed to going to WA to get gas.

    Can the port and infustructire take the volume or do we really piss off our neighbours being Japan and Taiwan or Korea who are all invested in these projects at different levels funding plant and infustructure!?

    STO just has to keep every plant at peak capacity and hope that world pricing is held up by Cartel of OPEC and that seem likely as no solution to Ukraine on horizon ans Saudi wants income.
 
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