LNG

MEO Australia is still pushing ahead with its Timor Sea LNG plans and is upbeat about the prospects of securing sufficient feed-gas of the correct quality from its own exploration efforts or from third parties.

The company made the upbeat assessment in its annual report in which it reiterrated current best estimates for the prospective recoverable raw gas resource of the Greater Heron structure at 4.96 trillion cubic feet, sufficient to support an LNG export project.

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