01-14-2015, 02:19 AM
At $50 oil then LNG is $10 per mmbtu . The Total build by analyst shows $7-8 all in cost . So Interoil's project with Total makes money at these prices for WTI but understand Brent is the bar not WTI.
With an Exxon train 3 with an OSH win at arbitration that's possible for IOC gas to go Exxon the costs are in the $5 range or it's highly profitable at these prices .
Not a bad place to be right now .
With an Exxon train 3 with an OSH win at arbitration that's possible for IOC gas to go Exxon the costs are in the $5 range or it's highly profitable at these prices .
Not a bad place to be right now .