If a $20 billion spend is viable for 9tcf,theoretically,a big player could pay as much as $10 billion to FFR(+ $5 billion spend on plant etc etc.) for for our 9tfc and,incidentally,make a bigger profit than the New Guinea 9tcf.$10 billion = £2.50 a share.I vote that is where we start the bidding for MKGC.H.
The $20billion expenses bill is for a variety of infrastructure related to delivering the gas from field to port. This involves building train lines and changing the environment around ports to allow big LNG tankers to dock.
On the other hand all we need is a MASSIVE processing plant with LARGE pipelines going to it. Once the gas has been processed it can get pushed through the pipelines that are currently being built all around Georgia to transport gas to Europe.
I think it would be cheaper and quicker to install a pipeline feeding unprocessed gas to a processing plant in Azerbaijan than to build one in Georgia.
Wow,$20billion initial investment producing over a 30 year period.Liquifying gas for ship transportation takes longer and costs are higher. "Over 9tcf of gas and 200 million barrels of associated liquids are expected to be produced over the Project's 30 year life". Question,how many barrels of associated liquids are anticipated in the FFR CPR? Observation,you cannot swing a cat in Georgia without hitting a gas or oil transportation pipeline.Given strong gas prices in the region,surely it would be straightforward for someone as big as BP,or other,to hook into,or increase capacity along current gas transportation routes?H.
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