thats the first time i recall you using the phrase condensate. You always say gas, and the only way to get gas off the island is to liquify it and tanker it around the world.
condensate is the bonus of a gas field, not the reason you go exploring. Maybe in 20 years time when they have developed their oil fields.....but if im still holding RRL shares then you have permission to shoot me.
i will correct the first line from "no one is interested in gas particularly the Chinese" to.... "no one is interested in LNG particularly the Chinese", which i though would be obvious from the title of my post "LNG" and i used LNG everywhere else in the post.
the point being the chinese are pursuing asian sourced gas (not LNG) via pipeline, and are looking to wind down their reliance on LNG imports, as the article explains. This obviously would have an impact on a chinese owned RRL looking to explore for gas (to convert to LNG) for export back to the mother land.
i fail to see the contradiction in the two posts, or my point that the price of gas is such that oil exploration should still be the focus
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