RE: Last nights presentation?27 Oct 2022 12:54
Development plan 300 MMscfd from 2028 until 2050. Equivalent to 2. MMTpa of LNG.
2 Million tonnes LNG = 98,500,000 million Btu.
Average price per Btu in Asia say $30/MMBtu (recent peaks at $80, Oct =$51).
So 98.5 million x $30 = $2.95billion per year for 22 years = $65billion of LNG. Now THAT is a development plan.
Happy to have some check my numbers.
SP is ridiculous quite frankly,imo.
GS