CTP 2.00% 4.9¢ central petroleum limited

Mainly,"Should a major CBM resource be discovered in the Pedirka...

  1. 121 Posts.
    Mainly,

    "Should a major CBM resource be discovered in the Pedirka Basin, the most likely
    commercialisation option for the gas is the Eastern Australian market.
    This can be accessed via the Moomba Hub
    with a new 600 km pipeline as shown below.
    Studies indicate the pipeline could be
    economic for a throughput as modest as 30
    PJ pa, which represents only 15% of gas that
    will pass through the hub. Once at Moomba,
    the markets in eastern Australia can be
    supplied physically or with gas swaps.
    A potential target market for GSG gas is the
    SunState GTL Project, which is being
    developed by EIR affiliate Pacific GTL. The
    project is proposed to be sited in the Surat
    Basin and supply diesel for the domestic
    market. The project requires 70 PJ of gas
    per annum and is due for commitment in
    2011."
 
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