The SMH pointed out that at the moment BG doesn't have enough gas reserves to meet its supply obligations to Singapore even if it acquires Origin, let alone expand to other Asian markets.
Capitalistic Catabolic Collapse?
At exactly what point is the bird in the hand worth the two in the bush?
There seems to be more than enough CSM out there - its more a matter of BG (for now) needing to buy it from someone else to achieve the required volumes.
There are 3 other CSM LNG plants on the drawing board for QLD - the AFR was p[retty gung ho about the sector this weekend...
Capitalistic Catabolic Collapse?
At exactly what point is the bird in the hand worth the two in the bush?
There seems to be more than enough CSM out there - its more a matter of BG (for now) needing to buy it from someone else to achieve the required volumes.
There are 3 other CSM LNG plants on the drawing board for QLD - the AFR was p[retty gung ho about the sector this weekend...