Saturday, February 25

Origin's King concerned on Gladstone supply

Origin Energy Ltd managing director and chief executive officer Grant King has warned that strong early demand for coal seam gas (CSG) in Queensland may place pressure on the multi-billion-dollar projects currently under construction at Gladstone, according to The Australian.

According to the newspaper, Mr Kind said a supply squeeze was possible as the industry struggles to drill enough onshore wells needed to meet the massive demand.

He said that while the had been some early concerns in the industry that the region would be awash with supply, there was now the possibility that production could fall short.


Business Spectator

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