07-13-2013, 12:18 AM
will2bgreat: From shorts(?): "If the deal between IOC and XOM is so great, why is IOC looking at doing a seperate LNG plant?"
What a silly question that is, whoever it's from. The current deal being finalized between IOC and XOM is not for ALL of the current certified estimates for PRL 15, and there may very well be even more than that, not to mention Triceratops and beyond. Why would they not want to also proceed as they can with plans for monetization of more, either with XOM, another partner or partners, or independently, all of which they retain options for? That is the real question, if there is one.
What a silly question that is, whoever it's from. The current deal being finalized between IOC and XOM is not for ALL of the current certified estimates for PRL 15, and there may very well be even more than that, not to mention Triceratops and beyond. Why would they not want to also proceed as they can with plans for monetization of more, either with XOM, another partner or partners, or independently, all of which they retain options for? That is the real question, if there is one.