250 Tj = 250,000Gj a day.
250,000Gj = 0.25Pj
.25Pj x 320 operational days a year = 80Pj
Lets assume the gas field is 1.1TCF (Conservative but also unknown yet).
The 250Tj/day plant for run for 14.5 years.
14.5 x $170m = $2.465.Billion dollars.
Thats conservative with a 10% LNG / 90% Domestic split.
MIN want to play NWE $400m for something that can produce $2.465 Billion with the likelihood that the resource will grow in size.
Oh dear god this is a extremely bad bad takeover offer.
Please treat NWE shareholders with respect.
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