RE: Opinions21 Jun 2023 05:43
Is V1 much closer to the refinery than Heron? If so and IF V1 yields recoverable oil it would make sense to run the pipeline there & export Heron oil which is nearer to China. Anyway I agree (and have been repeatedly shot down for saying so) that MG will not be keen to export Heron oil if that is all they have in the short to medium term. No oil export, no revenue for PM, cash raise coming.