05-23-2016, 08:49 AM
'ArtM72' pid='70131' datel Wrote:Certainly PM on IOC's board is no longer the deal breaker some here once claimed. He kept us out of the hands of Shell. Maybe it's not too late for him to engineer a similar recovery from OSH and Total. My belief continues that OSH is facing a big certification payment and a coup like this was about the only way they had (or the easiest way) to get the money. The French may simply see this as business opportunity with a potentially legendary ROI.
I agree Art. My prediction is 10+Ts. Otherwise, why is OSH rushing this deal rather than wait for the certification numbers. IOC knows, Total knows, and both have said we have a 2 train LNG plant. OSH is the only one who has not said 2 trains. I wonder why; maybe they had this deal in progress?