02-07-2012, 06:08 AM
Yup we keep Gulf LNG as configured with these guys. They are the end users and price is king for them. Profit in the integrated value chain goes a long way in keeping their prices low. Think about it, if ennerOle were to allow EWC/Flex to be booted and replaced with a 16$ billion plant then IOC would need to cough up 4$ billion to keep a 25% stake and Pac LNG at least a couple billion. In return ennerOle would get a smaller ROI too. Logic says 'No way Jose' on that proposition, it ain't happening.

