Right time, right place ... Right Assets

Looks like the increased pressure on gas shortages is in the media yet again. Remind me, what does CVN have?

Well let’s just step up with a few assets we have here ... for the right price I’m sure we can abate some of these political concerns which are putting pressure on the likes of Santos, Origin & Shell


disallowed/business/the-economy/che...rnings-over-gas-shortage-20180228-p4z26a.html

The current state of the gas market on the east coast remains a grim one,'' the head of the ACCC’s gas inquiry unit Nicole Ross:

"[We have] to address the fundamental supply problem, particularly in the south. Increased gas supply on the east coast would better serve domestic gas users, especially when global prices are high.''

The ACCC had previously forecast a domestic gas supply shortage, triggering the Turnbull government last year to threaten to enforce a mechanism slashing gas export unless the three major gas companies - Santos, Origin and Shell - agreed to secure domestic supply