STX 2.27% 21.5¢ strike energy limited

Ann: Spud of Jaws-1 Appraisal Well, page-25

  1. 1,316 Posts.
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    On a side note, just thought of something. China imported a record 38+ million tonnes of LNG in 2017, up 50% from 2016.

    Using this, https://www.extension.iastate.edu/agdm/wholefarm/html/c6-89.html:

    1 million metric tons LNG = 48.7 billion cubic feet NG

    11tcf is thus equivalent to about 226 million tonnes of LNG, which equates to 6 years of total Chinese imports (not taking further increases into account). And the 11tcf does not include Vu lower or Vm3. Both 15m thick. Unreal.

    I believe it was mir911 who previously said that the numbers being bandied about by the company are mind-boggling.

    Hope my maths is better than ryan099's? Kidding.
 
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