re: Ann: Seruway PSC - Gurame SE-1X Progress ... ort - by unconventionals the Japanese are probably talking about Shale.
MEO's unconventional leg is the methanol, which is probably more down the alley of the Chinese. I expect MEO could have done a deal with the Chinese, but is hanging-out for a jucier deal from Eni.
Just hearing Conoco's willingness at SEAAOC to ship Browse gas to Bayu Udan or Darwin gives you an idea of how lacking ideas are to get gas to market.
Eni will provide TS with the critical mass it needs.
Here and now, success at HS-1 will mean it is game on and the scramble will begin. I've got my seats, all set, all ready after another top-up on Monday.
Let the games begin.
I love being quietly confident, whilst the masses (market) continue to think TS will not happen. Love it. This is where the real money is made.
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