02-25-2015, 03:24 AM
'davidhmtk' pid='55297' datel Wrote:
'davidhmtk' pid='55292' datel Wrote:minute 35
also, they expect concept selection by the JV before ye 2015
This is not correct, unless there has been some change not yet communicated by IOC, which I doubt. On Jan 27 IOC's CEO stated, "Total has firmly indicated to the PNG Government and the market its indicative development timeline for Elk-Antelope.", and that includes, "concept selection before mid-2015". That is also shown in second quarter on the "development timetable" on slide 12 of the Jan 12 Business Update on LNG development, which also indicates that would be followed immediately by FEED and CFT work starting in second quarter.

