Baron,
There's one aspect of Bru that seems unclear at this stage. Perhaps the information is out there but I've not seen it.
Forgetting the oil impact as that's never been the focus until now, and certainly not a company changer just yet. Whats Bru's long term strategy with the gas, if and when the volumes/rates are confirmed?
Is the plan to feed into the local market only, along with a few others doing the same thing at domestic rates?
Or is it to build their own LNG plant and export at the lucrative rates? Or even feed into an existing plant further south at a premium rate?
If it's the former, then sitting on 5TCF or 50TCF is immaterial, as the demand won't be there to use it.
These seem like very important questions.
Any comments from the forum?
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