WDS 2.21% $23.46 woodside energy group ltd

News: WDS Woodside To Acquire OCI's Clean Ammonia Project, page-17

  1. 5,535 Posts.
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    Wow. Meg & team are swimming downstream faster than Ariane Titmus, buying an ammonia plant as well as a LNG chiller within weeks.

    I note the OCI ammonia plant is NOT on the giant US ammonia pipeline, which feeds the deepest and thirstiest ammonia market in the world.

    https://illwindnh3.wordpress.com/wp-content/uploads/2018/12/nh3-pipeline-system-mn-map.pnghttps://hotcopper.com.au/data/attachments/6362/6362265-16ed3dc5ce4493492838346dab6b2cc0.jpg

    This doesn't condemn the project, though it would be better to have the option of supplying the US domestic ammonia market as well as international buyers. No doubt a connecting ammonia pipeline will be built as there are other ammonia plants under construction in SW Texas - Yara, Uniper/First Ammonia.

    Ash




 
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