HoHo to Aussie Costs

[qekc0303]

Yes. Yes. Delays worked for them though, assuming SP kick on FID followed by HK listing. I can't say I understand the motivations of those claiming EWC will get the boot. Not sure why it seems so important to them (nayesayers) in the context of IOC, other than to suggest EWC's involvement reduces IOC legitimacy. It's like trying to argue the double negative of them getting the boot is a positive.

[ValueSleuth]

Great thread, guys.

The analysis nails the essence of IOC vs. everybody else.

Thanks.

VS

[Tree]

And now Woodside Browse is postponed indefinitely. No FID this June.
Today Woodside cancels Pluto expansion as they cannot scrounge up 3rd party feedstock. IRRs about double on expansion trains so this is a huge development.
Think PNG LNG isn't aware of that? XOM is the 3rd party that scuttled Pluto expansion as they now are doing world's biggest FLNG there instead.

How's that feedstock deal with PNG LNG doing??

[Tusker]

And now Woodside Browse is postponed indefinitely. No FID this June. Today Woodside cancels Pluto expansion as they cannot scrounge up 3rd party feedstock. IRRs about double on expansion trains so this is a huge development. Think PNG LNG isn't aware of that? XOM is the 3rd party that scuttled Pluto expansion as they now are doing world's biggest FLNG there instead. How's that feedstock deal with PNG LNG doing??

Your mention that... expansion as they cannot scrouge up 3rd party feedstock... is facts on the ground down under.

Several articles regarding domestic on shore Nat Gas being diverted to meet commitments of LNG exports.

Pipe line operators adding additional distribution capacity to meet market requests.

Interesting time.