Petronas and friends won't be buying gas, you're right, they'll just sell there own. However, right now they're selling a lot of gas at Station 2 that they will instead ship to Asia. Lower supply in western Canada should mean higher prices. Also, if one works we will probably get more.
I don't think $12/GJ is likely either here, but even if we started getting $3-4 I think a lot more of the liquids rich gas would be economic again.
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