General Discussion, page-644

I hear what you are saying, but this country is laden with sites with great natural gas potential.

There is plenty of cheap gas aright. From what I have read, any amount of natural gas can be produced with a life-cycle cost of between $4 and $6 per Gj.

At this point in time, why would a gas producer sell into a urea project at anywhere near these prices unless capped, when it can get $20 by pumping it down the line. NRZ does not have this luxury.

It will be interesting to see how STX financially separates the gas producer from the urea manufacturer. NRZ, even with its integration, might have no feedstock price advantage at all.

Bearing in mind syngas, because of its high carbon content, is of little economic use other than for fertiliser production, without enormous carbon mitigation.