please tell me why not?, page-23

triage/Anarchy,

well lets not stop there. This is another piece of the puzzle for LNG.

LNG are stacking it all together

1/ LAND FOR THE PLANT
Earlier in the year LNG extended their hold on the Fishermans site with Gladstone Ports. Importantly, the Port Authority told them to stop stuffing around and get serious. If LNG dont come up with a supplier by 31 Dec this year, they are out, or perhaps just renegotiate again.

Use it or loose it.


2/ IP FOR THE PLANT
LNG are shoring up their companies basis for existence, even without land for a plant, or the plant itself, the core value in the company is in the patents it is and will hold for OSMR and boil off gas treatment. The patent applications have been lodged in just about every country in the world.

3/ CAPITAL FOR THE PLANT
The cornerstone investment by a MAJOR engineering firm from China in HQCEC is a substantial boost. As of early July, LNG has had one of the worlds biggest corporations on its register in CNPC.

If that doesnt project confidence with a capital C I dont know what does.

4/ SUPPLY TRANSPORT FOR THE PLANT
Earlier in the year LNG also announced a strategy to consider the use of Jemenas QGP 1 and 2 to grab an additional 270TJ/day out of the line so they could feed their first phase plant.

The Jemena study only brings us to ... well today...


The Pipeline Licence 161 allows LNG to feed their Fishermans landing plant from the Callide gas hub where the aforementioned QGP will be dumping too.

And here in ends the speculation of where LNG will be considering how it will build and export LNG to the world.


SF


..oh wait. Sorry. They also need to know where they are going to get their gas from. Obviously MEL is in this mix somewhere.

CSG-LNG is a funny design problem. Its quite possible that LNG could consider a number of short term agreements with one of the 4 larger proponents in Gladstone as a way to skim ramp up gas for their plant. The phase in of (at least for now) 5 trains that are drinking about 3000TJ/Day is not simple. There have been some grand predictions of price rises for the gas market, and I dont think that is not going to be the case, but I also think it is going to be an unusual time for production as once the taps open on the well heads, you cant jsut trun em off, and you cant turn em all on at the same time.

Anyway, 2019 looks like a reasonable target for MEL and LNG may be able to survive off production excess for the initial ramp up period 3-4 years for all the trains, perhaps (likely) more.