What is the next milestone? Increased production? And realistically what would they sell the oilfields for?
I honestly believe they have no real other option but to sell the entire project given the conditions which suppress the oil price in the region. Unless JPR can find a way to sell oil internationally, they won't be making a lot of money and have plenty of debt to repay. Easier to find a buyer for a large sum, wipe the debt, give a return to shareholders, and then start again in a more friendly region.
Ann: Update on development of L-T gas utilisation infrastructure, page-19
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