10-24-2013, 12:11 AM
Great article. Thanks once again, Tree.
I am in firm agreement with Palm's comment: " No doubt IOC is in both a good spot but a tough one. One can only imagine all of the scenarios being tossed around, pressure being applied and games being played." There is little doubt in my mind Japan is in the mix today, recalling their agreements with PNG concerning the billion dollar methanol/DME plant development and O'Neil's assurance the Japanese would have access to over a TCF for that plant. Who knows? Maybe the location of that facility is being offered as a surrogate to Gulf LNG.
We can only wait, see and speculate these days.
I am in firm agreement with Palm's comment: " No doubt IOC is in both a good spot but a tough one. One can only imagine all of the scenarios being tossed around, pressure being applied and games being played." There is little doubt in my mind Japan is in the mix today, recalling their agreements with PNG concerning the billion dollar methanol/DME plant development and O'Neil's assurance the Japanese would have access to over a TCF for that plant. Who knows? Maybe the location of that facility is being offered as a surrogate to Gulf LNG.
We can only wait, see and speculate these days.