Let's Talk Export Strategies

[Tree]

Industry standards have dictated gas export strategies. Export strategies are based upon gas field sizes. It would be an easy sell to PNG to cause them to flip-flop on Gulf LNG and require a ennerOle to deliver a World Class Project. See, the problem is ennerOle has too much darn gas. More LNG quicker is a good thing, isn't it???
E/A is in the top of the top 1% of world-wide gas fields and T-2 will be proven larger. Kinda like Palm, he was in the National Hairdressing Bee in 1970. (I wonder if Sussman was there too?) These fields just happen to be onshore and closest to Asian markets. These fields have no peers. The largest fields require the largest deals and this will take as much time as required to complete the process. The simple fact of unequalled resource size guarantees a happy ending. Gottit?

**********

Historical Industry LNG Standards:

1% of the world's gas fields = >5tcf = World Scale LNG Plant
4% of the world's gas fields = 1-5tcf = Gas aggregated to World Scale LNG Plant (PNG LNG as example)
4% of the world's gas fields = .5-1tcf = Mid-scale LNG
17% of the world's gas fields = .1 - .5 tcf = Gas aggregated to Mid-scale LNG
74% of the world's gas fields = <.1tcf = Local utilization/no export

[Palm]

Good stuff Treedaddy, but I thought terms like "World Class" and "World Scale" were not terms even used in the industry. But that's according to EHS.

We have seen this reference to how big and rare EA (and it now appears T2) is and we have also seen the finds others have had. Having reefs make a big difference, and IOC has plenty of those. T2 appears to be better than EA as far as potential for condensates, and that is saying a lot. Though oil prices have adjusted recently the LT outlook is for higher prices, and these bidders know that. These are huge finds for IOC and the deals they are working on must be equally huge. We are nearing some big announcements and still need to stay patient.

Yes that 1970 Bee was the last time I saw my hair, so I was forced out.

[Tree]

RE: Gulf to Host LNG Project 'Tree' pid='12847' datel Wrote:

'Tusker' pid='12846' datel Wrote: Here is a fun one; 1) Sell down goes to XOM for train 2-3 traditional stick built plant. 2) EWC and IOC built modular LNG Plant. 3) Petromin and NOC or SM build FLNG Clearly not going to happen though. Sure would of made a lot of folks happy. Oh well... I'll just leave it out there with a smile.

You leaving JAPEX, CVX, SHELL and PTT out in the PNG cold?? You're heartless!! I'm not even that cruel.

Unless there's another 10 Ts or so in T-2 to keep 'em all happy. ... loaded up the truck and moved to Bwata- tree. 30% limestone... 70% dolamite... 10 - 12 Ts. Well, the next thing you know.... " Father Duffy is full of ...."

I know he's awfully gassy, the other stuff must be condensates or even wetter if he's not careful.   "Time to leave you funny ....ers alone"