This is from STO Financial results presentation page 11 Titled "Strategic Focus"
They don't include Dorado on the proposed capex for sanctioned and unsanctioned projects through to 2028.
This is on the bottom of page in fine print...
4. Sanctioned projects include: Barossa, Pikka phase 1 and Moomba CCS Phase 1, unsanctioned projects include: EQ Growth, Papua LNG, Narrabri, Bayu CCS, Reindeer CCS
..no mention of Dorado, which tells me they are getting it "FID Ready " for a sale of the whole project as no capex funds are shown as allocated.
Interesting how WDS just sold down 15% of Scarborough to JERA
JERA or others may be interested in Dorado however want all approvals in place with no risk from environmental hold ups eg barossa imo... Hence Kevin wanting the regulatory changes to happen to get all approvals prior to FID which is not what usually happens.
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