Share
5,219 Posts.
lightbulb Created with Sketch. 1193
clock Created with Sketch. 14/07/22
17:14
Share
Originally posted by psi81:
↑
There isn't actually much cost-competitive gas left to develop on the East Coast. There is plenty of CSG but what's left is high-cost. There is still no sign that any Australian shale basins will actually be feasible. The political restrictions and delays in NSW and Vic didn't help but the biggest problem was that Santos sold more gas from GLNG than they had reserves for. They had to fill the gap with gas from the Cooper and buying excess gas from other LNG proponents, both of which otherwise could have gone to the domestic market.
Expand
I have always wondered what happens when a major offshore gas field is down to its last fifteen percent of reserves and there is no instant buyer . Who maintains the platform when it’s shuts down ?
(20min delay)