IF rumours that Inpex have just paid only $700m for 17.5 per cent of Prelude with another $2.5B in sunk costs/Capex req'd on the basis that Prelude and Ichthys share the same reservoir then things may have just gotten doubly difficult for NXS.
Thats 17.5% of ALL OF PRELUDE whereas NXS only "owns" 17.5% of the Crux output. So is 17% of Crux the same as 17% of ALL of an extended Prelude... NOT in 20 decades.
AND where does that leave the timetable for processing Crux..?
Really do shell even need Crux if Ichthys ties in?
My opinion only.
IF rumours that Inpex have just paid only $700m for 17.5 per...
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