TEG 4.17% 12.5¢ triangle energy (global) limited

The Queensland government has approved a licence for a critical...

  1. 2,550 Posts.
    lightbulb Created with Sketch. 149
    The Queensland government has approved a licence for a critical pipeline linking the resource-rich Bowen Basin and the east-coast gas market, as a bitter stoush broke out between Premier Annastacia Palaszczuk and Malcolm Turnbull over gas policy.
    The Australian can reveal Arrow Energy will finally receive a petroleum pipeline licence for its planned Bowen pipeline, which — if built — will deliver coal-seam gas from Arrow’s Bowen Basin fields to Gladstone, increasing supply for the hungry domestic market.
    Natural Resources Minister Anthony Lynham confirmed the state government had approved Arrow’s pipeline, which he said was a crucial “missing link” in the gas supply network, and encouraged the company to press ahead with the project.
    “We are encouraging that pipeline, we want that pipeline to be hooked up because it’s an important piece of infrastructure that’s been missing,” Dr Lynham said.
    An Arrow spokeswoman said it had production “challenges” in the Bowen Basin last year, which delayed its proposed gas expansion project and pipeline.
watchlist Created with Sketch. Add TEG (ASX) to my watchlist
(20min delay)
Mkt cap ! $38.34M
Open High Low Value Volume
12.5¢ 12.5¢ 12.5¢ $31.87K 254.9K

Buyers (Bids)

No. Vol. Price($)
4 159697 12.0¢

Sellers (Offers)

Price($) Vol. No.
12.5¢ 227241 2
View Market Depth
Last update - 15.21pm 20/02/2019 (20 minute delay) ?
0.005 ( 1.03 %)
Open High   Low Volume
12.5¢ 12.5¢   12.5¢ 49792
Last updated 15.27pm 20/02/2019 (live) ?
TEG (ASX) Chart
GET SUPPORT arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.