11-22-2013, 08:35 PM
I'm still looking for IOC to provide gas for PNG Train#3 in return for a large equity position (XOM covets the gas and won't let it get away) and for IOC to partner with PNG plus one or more of the super majors on a Gulf-based LNG project (Governor Kavo covets the project and made it abundantly clear that he's happy it's coming.
To top it off, condensate produced in concert with the gas will be used by IOC as refinery feed to replace nearly $1 billion per year in crude oil purchases. Only minimal refinery modifications are required to process the condendate instead of the crude.
Flosh
To top it off, condensate produced in concert with the gas will be used by IOC as refinery feed to replace nearly $1 billion per year in crude oil purchases. Only minimal refinery modifications are required to process the condendate instead of the crude.
Flosh
Drivel Maven with Personality