STX 4.41% 17.8¢ strike energy limited

The problem now is the current glut of WA gas and that is before...

  1. 5,719 Posts.
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    The problem now is the current glut of WA gas and that is before you consider supply from BPT's Waitsia and new Beherra Deeps discovery and the Pluto expansion dom gas. The STO gas plants that service the offshore gas aren't anywhere near capacity.

    WA spot prices are horrible at the moment.
    Would be nice if Jaws comes good due to the east coast market dynamics compared to the WA market.
 
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