MPO molopo energy limited

lng chief sure of deal

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    http://hotcopper.com.au/post_single.asp?fid=1&tid=1697488&msgid=9808795

    In particular "The takeover would not solve all LNG ’s gas requirements. It needs to lock in about 45 petajoules a year of gas for 20 years to proceed with the first 1.5 million tonnes per year LNG?train. The Fisherman’s Landing project is expected to cost $US1.1 billion ($1.04 billion) for the first train, including dredging and management costs, then another $US600 million for a second train."

    Hence why they also need our gas!
 
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