'Palm' pid='31817' datel Wrote:
'cybersssss' pid='31807' datel Wrote:Interesting point Stavros has been making. Why do these reports not discuss the value of the wet gas and the condensates? This I think will be an AHA moment when we see the real/final deal terms! Just like the AHA moment everyone had this week after Hession spoke.The condensates issue is hardly a new point; that has been a point made for years to especially distinguish IOC's resources from Aussie CSG. The liquids make a huge difference in IOC's favor along with the fact that the gas as is will meet the high standards of Japan's markets. There is no requirement for treatment of teh NG to reduce it's undesirable content. Aussie gas cannot say that so not only is Aussie gas dry gas, it needs to be treated to meet Japan's needs.
Thanks for that Palm. Exactly how else would IOC get to a negative gas cost for conditioned gas delivered to a Gulf LNG plant?? As well Hession's only AHA moment as far as I could discern was the revealation of the $250,000,000 loan. The rest of hs comments were affirmations of reports/comments in the public arena basically.