So we now have Total in the Qld csg to lng game to add to the...

So we now have Total in the Qld csg to lng game to add to the long list of big players.

See STO's announcement and preso today, but the short of it is they have bought a 15% stake from STO for 650 million and signed major binding offtake with Total and Petronas for 5mtpa which underpins the 2nd train.

Can't see why STO is down on this news, but I guess it just goes to show what a fickle market we have to deal with atm.

Most importantly for BUL , they are still saying they are aiming for FID by 4th qtr 2010 , whcih means both GLNG and QC LNG sre coming into the final straight...

No word on Garrett to retain his ministry and I'll bet he gets the shove and someone with less baggage comes in and helps these projects over the line (fingers are crossed!)