MST Access – More to Blue than Sapphire

Key Points

  • Sapphire pilot testing continues and although it’s a slow
    process, gas is flowing, reserves have increased and
    connection to the adjacent gas plant is advancing.
  • Blue has MoU’s to supply 512 PJ into eastern Australia.
    This is a transformational opportunity, but it’s subject to
    infrastructure, government support and flow rates.
  • In new news, exploration is planned in 2024 in the Surat
    Basin where Blue has a ~400PJ 3C resource.

MST Access – Dec 2023