Reuters D. Stanaway 12.6.23 said"Although this year's drought is not expected to be as severe as last year's, when months of high temperatures parched large parts of the Yangtze basin, state forecasters warn that central and southwestern China could suffer.
Parts of the southwest have already imposed special measures, with a water company in Sichuan province's Liangshan County urging residents not to shower more than four times a month.
China's per capita water resources are much lower than the world average and distribution is uneven. It has long relied on large-scale infrastructure to deliver water from the flood-prone south to the arid north and find engineering solutions to its long-term supply woes".
China's north generally has low levels of rainfall, whilst the south usually has high levels of rainfall.
Many multi-billion $ huge dams & hydroelectric power plants have been built in the south, to provide water for the north; & also hydro-electric power.
Could China again, in its drought-effected summer 2023, have major hydro power shortfalls, as in 2022? If so, more gas-fired will be required= more gas imports, & bullish for gas prices/STO..
https://www.reuters.com/world/china/climate-change-hits-china-weighs-new-water-megaprojects-2023-06-13/
- Forums
- ASX - By Stock
- STO
- STO Well positioned
STO Well positioned, page-353
-
-
- There are more pages in this discussion • 322 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add STO (ASX) to my watchlist
(20min delay)
|
|||||
Last
$7.00 |
Change
0.100(1.45%) |
Mkt cap ! $22.73B |
Open | High | Low | Value | Volume |
$6.95 | $7.02 | $6.95 | $37.47M | 5.357M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 109999 | $7.00 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$7.01 | 12294 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 104999 | 7.000 |
1 | 500 | 6.990 |
7 | 70521 | 6.980 |
5 | 124573 | 6.970 |
8 | 77996 | 6.960 |
Price($) | Vol. | No. |
---|---|---|
7.010 | 9794 | 2 |
7.020 | 22524 | 6 |
7.030 | 50062 | 5 |
7.040 | 78576 | 6 |
7.050 | 208486 | 10 |
Last trade - 16.10pm 21/10/2024 (20 minute delay) ? |
Featured News
STO (ASX) Chart |
The Watchlist
LGP
LITTLE GREEN PHARMA LTD
Paul Long, Chief Executive Officer
Paul Long
Chief Executive Officer
SPONSORED BY The Market Online