Who Will Compete With CTP For Pipe Capacity?, page-24

From CTP company announcement 17/11

Central’s Managing Director, Mr Richard Cottee, said the Company presently had sufficient reserves for a firm supply of 11 PJ per annum (30 TJ per day). The present work at Mereenie indicates that by the first quarter of next year, firm gas supplies available for sale through the NEGI pipeline should increase to around 45 TJ per day. Under this scenario, when combined with existing sales contracts of 4.4 PJ per annum, Central should have around 20 PJs per annum of gas contracted into the domestic market.

“Central appreciates the vision and the hard work of the Northern Territory Government in turning a much needed infrastructure project into reality”, Mr Cottee said.

“The national gas market is facing a severe imbalance beginning over the next few years as LNG production reaches full volumes. Whilst the supply shortfall is significant, the introduction of natural gas from the Northern Territory should help mitigate the impacts of that imbalance. In addition, the creation of a new market for onshore gas discovered in the Northern Territory is truly transformational for the Territory and Central Petroleum.

“The royalties flowing to the Territory as a result of having these new markets will have a significant impact on the Territory’s financial independence which will be further enhanced by the growth in gas exploration and gas dependent industries.

“Central with its vast gas-prone acreage will be a major beneficiary of NEGI as our gas permits are expected to provide more than half of NEGI’s initial throughput”, Mr Cottee said.

From abnnewswire.net

Pipeline ("NGP" - formerly called "NEGI") has been awarded to Jemena and the Final Investment Decision ("FID") has occurred. The NGP will be either a 12" or 14" line with an initial capacity of approximately 100 TJ/day (36.5 PJ p.a.) or 150 TJ/day (55 PJ p.a.). The NGP is expected to be able to flow gas in calendar year 2018.





So from 36.5pJ if 40pc is ctp we have approx 14.6pJ pipe capacity of which 5PJ will be santos leaving CTP approx 10PJ/annum or $30M per annum