09-03-2014, 08:59 AM
'Dr. Wu' pid='49118' datel Wrote:Given its distance from EA and other fields and southern proximity to Port Morseby, IMO Wahoo gas if commercialized, gets sold to PNG LNG. Theres alot of value to be extracted from Exxon and partners for that gas - ie sharing of jetty and other facilities, etc. that can make our project easier..
This is an interesting example of the value of two LNG plants competing for feedstock. If the "crack split" between cost of LNG produced and market price is $10 with a $1/mcf raw gas cost, just how much would an LNG plant be willing to pay for another 4 mtpa of raw gas to process? $2? $4? $6?

