BRU 3.49% 8.3¢ buru energy limited

As competition is rising on the East Coast to fill LNG contracts...

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    As competition is rising on the East Coast to fill LNG contracts and the noise by some interest groups leads to restrictions in NSW and Queensland, hindering sufficient CSG production, making filling contracts more difficult, gas and energy prices are going up.

    Read this very interesting article in Financial Review
    “Gas price pressure rising as competition heats up”

    http://www.afr.com/p/australia2-0/gas_price_pressure_rising_as_competition_0YwSmNjEMBHZlQhZhrjPWO


    Public should be more educated, that shale gas does NOT have the alleged negative effect of CSG.

    Again win/win for BRU.

    BTW, shorters watch out for tomorrow!
 
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