very interesting. Shell looking at an LNG plant on Curtis island. So we have potentialy two plants to be supplied by AOE at Gladstone. I don't think that will happen. Surely it would be cheaper too build one big plant instead of two smaller ones. The plant that company LNG is planning at Fishermans Landing would appear to be too small to supply Shell and Golars (I understand they have the offtake agreement with LNG) requirements. However, i do believe the plant at Fishermans landing was designed such that capacity above 1 train could be introduced.
The corporate manouvering in the CSG field is like a game of poker.
AOE Price at posting:
$2.56 Sentiment: LT Buy Disclosure: Held
