STO 1.16% $6.84 santos limited

From what Albo said on tv tonight, intervention on gas is a...

  1. 200 Posts.
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    From what Albo said on tv tonight, intervention on gas is a given. We will have to wait to see what format. There is also talk of the " looming gas shortage" and gas exports might have be diverted to the domestic market. Perhaps he hasn't heard of Narrabri and Barossa - 2 big projects mired in red tape and greenie hijacks?? This excerpt from STO regarding Narrabri:

    "Since 2012, Santos has spent more than $1.5 billion trying to get our Narrabri Gas Project approved and developed – a project that is 100 per cent committed to the domestic gas market,” a company spokesperson said.

    What more do they want from from us - free gas?
 
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