That's certainly true in the past and served both buyer and seller well.
But i doubt it will be so dominant in the future.
Sovereign risk in Australia is higher than in 70's and 80's when our oil and gas industry was getting going.
The various mechanisms inserted into our domestic markets to prioritise domestic gas supply will have been noted.
There are many more options to source LNG spot cargoes.
The BRICS and non-aligned grouping is growing faster than the West, albeit starting from a lower base.
Many surprised to know China is 4th largest oil producer at 11MBopd but imports 4MBopd to meet it's demand.
That's certainly true in the past and served both buyer and...
-
- There are more pages in this discussion • 226 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add WDS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$27.19 |
Change
0.550(2.06%) |
Mkt cap ! $51.62B | |||
| Open | High | Low | Value | Volume |
| $27.00 | $27.39 | $26.93 | $199.9M | 7.360M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 107736 | $27.19 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $27.23 | 50 | 1 |
View Market Depth
| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| WDS (ASX) Chart |