02-14-2014, 01:11 PM
Sam,
I think what's going on is, as reported, IOC is in talks with Woodside, the IPI and who knows who else, and TOT is confirmed in discussions win unnamed party for a 5% stake, maybe others as well. The LNG partnership is taking shape.
IPI does not have IOC's testes in a vise and I think as time elapses, IPI loses value for their stake.
I think what's going on is, as reported, IOC is in talks with Woodside, the IPI and who knows who else, and TOT is confirmed in discussions win unnamed party for a 5% stake, maybe others as well. The LNG partnership is taking shape.
IPI does not have IOC's testes in a vise and I think as time elapses, IPI loses value for their stake.

