CVN 2.63% 18.5¢ carnarvon energy limited

No, sorry but you are wrong that Dorado gas is LNG. LNG is...

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    No, sorry but you are wrong that Dorado gas is LNG.

    LNG is almost entirely methane, liquified at near atmospheric pressures by chilling to very cold temperatures. .. about -162 degC
    LPG is a mix of mainly propane and butane, liquified at ambient temperature by application of pressure.

    Dorado contains a spectrum of alkane hydrocarbons ranging from the lightest gassy methane (C1) to much longer heavier (liquid) chain alkanes .. octane (C8), nonane (C9), decane (C10). And so on.

    Whilst Dorado does have a fair amount of methane ,it is insufficient to warrant a standalone expensive LNG development. Methane C1 and Ethane C2 will probably be used as fuel for the power requirements of the Dorado development with the remainder reinjected.

    However, Dorado also contains substantial (and very valuable) amounts of the LPGs propane and butane. While all the C1 to C4 is planned to be initially recycled through the reservoir to enhance liquids (ie C5+) recovery, the likely second phase development will include production of the LPGs (ie mainly C3 and C4) as well as the final stages of liquid’s production.

    so Dorado value is dominated by LPGs and the liquids. There may ultimately (never say never) be a commercial reason to bring the methane (? And ethane?) onshore into the natural gas reticulation but that is not where the value lies presently.
 
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