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17:20
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Originally posted by Justadabble:
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I am not sure why you would think production at PEP11 wouldn't lower NSW gas prices. The main problem NSW faces is that it imports 95% of it's gas, predominantly from Queensland these days. This is expensive. There are three potential alternative supplies, PKIT, Narrabri, and PEP11.
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"the proponent of PEP11 has publicly committed 100% of PEP11 gas to the domestic market."
(20min delay)