Hi DD,
My hunch is that the Chinese are likely players for the TSLNG/TSMP projects based on Tassie Shoal. It will be interesting to see if they are farminees into NT/P68 - appraising Heron and Blackwood. This route gives them control and significant production share without having to deal with the likes of Shell/Chevron/Santos AND with the not insignificant bonus of a fully approved hub in Tassie Shoal.
The giant Brazilian Petrobas came into a potential 12 TCF Artemis with control over at least 85% of the gas and have the capacity to do a FLNG plant - again without having to deal with the existing players and their land-based hubs.
IMO, these big guys [Chinese & Brazilians] won't want to muck around with multiple partners with their different agendas - especially global O+G players who would be tough negotiators without doubt - and sitting with minority shareholdings.
Of course, both these players - if the projects were to proceed could choose to dilute their share but not control.
MEO - with Chinese and Brazilian partners - how sweet would that be.
Just my thoughts.... Cheers, Gasbag
- Forums
- ASX - By Stock
- MEO
- meo chart
meo chart, page-21
-
- There are more pages in this discussion • 48 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)