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17:13
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Originally posted by PetroEngineer
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Firstly the technology in my own opinion is not 'dubious', nor would it be viewed as such by contractors or potential employees. My point is that it has not followed normal practices technology proving process that would be adopted by the major oil companies and till now no small fry company without LNG production experience has ever pulled off a large scale project, largely due to financial and also political resources. Not to say that it could not happen, but for it to happen at all, it must pass the robust prior-reference screening of technology that will occur prior to FID. It should be noted that the seven technologies that have been adopted for LNG liquefaction have all undergone small-scale pilot testing prior to large scale adoption.
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I think the points in this post have already been dealt with. Obviously you do not agree with the responses given - that's fine, but airing these issues again is not likely to change the view of people here. Since you do not own the stock - please tell us what your motive is in raising these issues again.
