Gday Jt,thats a great post.I recently put some similar stuff up...

Gday Jt,

thats a great post.

I recently put some similar stuff up on over on an Arrow Thread

The correct link for the 2009 Natural Gas Summary is here. This summary might provide a better and easier to read precis of the gas market now and predicted future.

I have been digging around as late and have found a good report on Chinese gas > where it comes from and where is it headed.

They basically cite that an identified gap of around 2TCF of gas pa that CNPC predicts will need to meet demand through imports from 2020 is already being met half through LNG supply (22.5mtpa {3.6 from QLD, 7.3 from WA, 5 from Qatar} and an overland pipeline from Turmenistan.

I think it is a bit harsh to write it off a 'gas glut' risk, however I agree with your sentiments on the target market for ESGs gas. ESG has a mammoth filed in PEL 238 and it could easily become the back bone of a changing power industry.

I can see some scope for a company name change here. Maybe a ticker code as SWM might be better - The Southern Welsh Mammoth Power Company?

Cheers,

SF