Maybe of interest13 Apr 2023 09:49
Hi All, not posted in an age, still holding more than I should and with the advancing years wonder if I will see this so frustrating share come to an acceptable conclusion. Like most here thought about about trading but FOMO is strong here. Anyway on my old Linked in account this popped up, also read the link at then end. Defo a lot of pushing from the inside going on.
Joel RiddleJoel Riddle
• 3rd+ • 3rd+
Managing Director at Tamboran ResourcesManaging Director at Tamboran Resources
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Powerful words from the INPEX CEO, Takayuki Ueda, yesterday, one of Japan’s largest energy companies.
INPEX is an important foreign investor and trading partner for Australia, having spent tens of billions of dollars in Australia, supporting Australian jobs and boosting revenue, especially in Australia’s Northern Territory.
Australia is a key trading partner for #Japan, supplying 70 per cent of coal, 60 per cent of iron ore and 40 per cent of Japan’s #gas imports.
If we continue to make investment in our resources more challenging, many of our Allies and trading partners, such as Japan, will simply source this from elsewhere.
As Australia’s #Beetaloo Basin, located in the #NorthernTerritory, benefits from some of the lowest reservoir CO2 in the world (1 – 3%), we should be accelerating development to offset emissions from higher alternatives, including coal, diesel and higher reservoir CO2 gas fields.
If we do not, higher emitting alternatives will be required to meet global #energy demand, slowing emissions reduction and increasing supply cost to households and manufacturers.
More affordable, cleaner gas is key to achieving Net Zero while maintaining or increasing our standard of living.
Read more: https://bit.ly/3ZtdbLt