CTP central petroleum limited

http://www.smh.com.au/business/energy/jemena-remains-positive-on-...

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    http://www.smh.com.au/business/ener...itive-on-nt-gas-pipeline-20160609-gpfjwy.html

    Gas pipeline developer Jemena has insisted it can still fill the new $800 million pipeline it is building between the Northern Territory and Queensland, despite the threat of a Labor moratorium on fracking.
    With Labor odds-on to win the NT's August election and low oil prices crimping spending, onshore drilling in the territory has stalled, raising fears the new North East Gas Interconnector line will be left mostly unused.
    Jemena's head of business development Antoon Boey acknowledged that in terms of signing commercial gas transportation contracts, "things have been a little bt slower than we would like".
    But he said he still expected existing conventional gas production from the Mereenie fields owned by Santos and Central Petroleum to be sent through the NEGI pipeline, which is due to start up in mid-2018.
    "It's probably a little bit of a stretch to say it can be completely filled by conventional gas, but I think we'll get fairly close," Mr Boey said.
 
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5.5¢
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