Consumers will foot protest bill of $100k a day, says Santos | The Australian
SANTOS has warned that protests at its Narrabri Gas Project in NSW -- where seven activists were arrested this week -- are forcing delays and adding costs to its development that will eventually flow to the end user.
James Baulderstone, who heads up Santos's East Coast business, said it cost $100,000 for each day the company was held back from working on the coal-seam gas project in the Pilliga state forest.
Santos are trying to set up a Gasfield some 860 wells in number, plus pipelines, plus compressor stations, plus power plant (all with fire ban exemption) and New South Wells Government collusion...
Santos are trying to set up a Gasfield some 860 wells in number, plus pipelines, plus compressor stations, plus power plant (all with fire ban exemption) and New South Wells Government collusion...
The big week for oil profits and the possible start of a changing of the guard
ReplyDeleteMonday, 17 February 2014
IT IS a good thing investment banks do not take their projections for the performance of the oil industry beyond next year because if they did Slugcatcher suspects investors might see a changing of the guard with Santos displacing Woodside as Australia’s biggest oil company.