eni presentation pdf, page-9

EVP Massimo Mondazzi spoke of Heron, Blackwood and Evans Shoal as an asset to be developed through FLNG or piped to the Bayu Undan LNG plant.

I wonder if the term FLNG is being used for TS, as the concept of TS is so 'New Age' long explanations would be needed to explain the concept.

Most questions were posed re capex, Mosambique and Kashagan.

I wish I could have put the question to get their ideas on how they are going to deal with the high CO2, stranded gas in the region, and their feelings about Methanol. The questions will be answered in time of course.

Looking at the billions of Boe resources Eni are producing around the world Heron/Blackwood is only a minnow. But that minnow still has the potential to grow - and with Eni on board that will be quickly.

In all I was quite impressed with the way Eni intend to progress their business especially when they say they are looking for assets they can develop quickly.

#:>))