RE: Chuditch30 Nov 2022 10:04
Yes but more importantly , we finally rated a mention in the delayed
not published until after our announcement Annual report of our
Partner Timor Gap, which owes the Government a loan of $650m just
for getting its part of Sunrise, when the Majors bailed.
Funded by the Gov , until revenues flow, it's all on the books to be paid
back to the Sovereign Wealth Petroleum Fund, which funds the Island
Until that news, I was the first to be sceptical , Shell , Conoco etc ALSO
had a PSC, and got quashed on both Darwin and FLNG proposals, at the
time the Island held ZERO interest in the project, just 50/50 territiorial
split with OZ......
Posted earlier , where it all started, NO TENDER issue of Chuditch to Sundagas
(services rendered since 2016) and the new NOC TG in Nov 2019, to set their
own industry ball rolling and open the bid round.......
If Sundagas saying they are .........they are tight with the locals, it is far more
solid, than Baron or Shell saying we are going to........in my book......GLA
;))
Chuditch still seems the only fast viable option, for the Gas supply to the Islands
Northern Coast Hera Metinaro Import terminal, to feed its being converted
power stations.......