Not likely- this deal a stretch as it is.
You need to drill and test before big numbers put on it
One other component I forgot is offtake - buyer gets say 50% of offtake at defined price formula. Seems like funny thing to sell but is a big step in commercialization - eg can borrow against it eventually
If Qatar ( big LNG exporter) gets dragged into ME mess might be a rush to “secure” Australian LNG supply , scary Sea Serpents and all.
Ann: Buru awards pre-FEED study for Rafael Phase 1 Project, page-26
-
- There are more pages in this discussion • 15 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
