11-17-2012, 12:23 AM
I can't blame you I did to. I didn't think we would ever see the pps get that low again. One thing I was thinking about last night in reference to the 50/50 is that O'Neil had talked about using the two two gulf projects to drive PNG over the next 40yrs even if they don't have the need for the extra 27.5% today if O'Neil truly is thinking long long term then what better way to secure the future power supply of your country then to have the option to buy 27.5% or just outright commit to the other 27.5% and lock in cheap prices.
I personally haven't yet had the opportunity to go to PNG but I have visited other Asian countries such as Thailand, Indon, & Vietnam and I can say first hand that IF these countries could adequately power their entire country the impact would unbelievable
I personally haven't yet had the opportunity to go to PNG but I have visited other Asian countries such as Thailand, Indon, & Vietnam and I can say first hand that IF these countries could adequately power their entire country the impact would unbelievable