03-21-2014, 12:15 AM
'Stavros' pid='39527' dateline='<a href="tel:1395323 Wrote:Sluicer: We don't know that "XOM isn't allowed" now that some of the former decision makers have left the building. Time will tell whether XOM steps in to take the bride off the altar. What would Yogi say? Bink would say NOOS An FLNG is not as low cost as some folks think. CSP costs over $500 Million. They need the two pipelines to the Gulf (Condy and Gas) and then a 6 km long jetty to get the gas out to water deep enough to handle the big ships. The cost of the FLNG facility and the associated floating storage is lower than land based but not cheap by any stretch of the imagination.
to me the benefit of earlier monetization will weigh heavy. Is that Exxon or FLNG or a longer wait 2 train LNG plant with higher LNG participation rate......?