Re. Merger16 Aug 2021 21:09
I'm thinking if merger is confirmed and voted through, Woodside is likely to approach Timor Leste govt. (if not in talks already) with a proposal to have a pipeline from Timor Leste to Woodside's current proposed new pipeline at Scarborough and (subject to merger)LNG processing facilities......it would be new and state of the art offshore pipeline infrastructure facility with plenty of capacity for third party tie-ins....and solve TL infrastructure needs and save years of faffing and planning their own facilities which would no doubt go over budget and be beyond their current technical know how (endless govt debates, planning, hiring in experts etc)........it's a win-win situation for all, deliverable in a knowable timeframe if they offer to take care of putting in the pipeline for them......I'm also thinking if TL fund a pipeline from Greater Sunrise to tie in it will also go past Chuditch which would = a route to market which is key to attracting majors to invest (and hopefully buy us out)