Justinmetals, you mean where PSI81 wrote:
There is no significant retrofitting required, they just need a condenser to strip the ethane out and it's a bolt-on into the existing gas processing stream. It's extremely irresponsible of you to throw around numbers like $300M - that is the cost for a brand new gas processing plant.
Slide 12 of this Honeywell presentation states a capital cost for cryogenic ethane stripper capable of 200 MMscfd is US$20M - these units are modular and pre-fabricated and delivered to site by truck, hardly "significant retrofitting." CTP would only need a maximum of 60 MMscfd. I have no idea how much it would cost in an Australian context but $20M is a more realistic guideline than $150-200M as you are claiming.
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That's him agreeing with you, is it?
CTP Price at posting:
20.0¢ Sentiment: None Disclosure: Held
