It seems that the market has totally negated any chance of the pipeling happening...what if they were to announce a couple of customers in the next 2 weeks for a substantail amount of gas? The timing of such announcements is partly dependant on PNG govt deciding what vehicle to use for their exposure (MRDC is tainted) and on the direction of the pipeline. I would'nt mind betting on at least one if not both of those issues being resolved shortly.
OSH Price at posting:
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