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Posts on this website are general "tips" and nothing more than that and should never be used to make an investment or trading decision. All information should be carefully cross-checked against official sources for accuracy. Sparty's posts nearly always relate to companies that he either holds, has held or intends to hold.

Main ForumCentral Petroleum Limited (ASX:CTP) Poised to Help the East Coast Gas Shortage

  • Central Petroleum Limited (ASX:CTP) (OTCMKTS:CPTLF) ("Company" or "Central") Managing Director, Richard Cottee, said Central Petroleum has significant supplies of gas already available to help address the looming gas shortage in five states peaking from 2018-19. But, he said, the lack of economic regulation for existing and mature pipelines has distorted market pricing signals needed to bring new gas supplies to market, unnecessarily elevating delivered gas prices for customers and constricting the critical investment in new gas supplies which is needed to address supply shortages which are already starting to emerge. Read full article


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