Our Q&As are emailed in our Saturday Morning Report, find the answer to this question below.
Hi James and team, Gas companies. Thoughts on best one. Will Australian gas be supplied to the EU do you think? Do we have enough gas to do this? Thanks
Hi Kim,
We like the majors and will buy WPL if it pulls back below $30. No, the distance for Australian suppliers is too great in our view, however higher demand from Europe puts upward pressure on gas in Asia – that supply can head north and we back fill the Asian void.
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