RE: Waiting on the sidelines13 Dec 2024 07:55
Read the latest Christoff, they have instigated a path to market , not our chosen one, and not the first time they have contradicted our plans over the years, as with Sunrise , shafted their people time and time again, for 22 years its soon.
That new plan to pipe , Chuditch-Bayu-Natarbora, is a big fat GREEN LIGHT , to a plan of their own and as Gusmao and Horta have dug their heels in for decades "its ALL ours its comes to the Island" it fits their MO perfectly.........why should we care, we now have in planning, the ONE thing long awaited , a TL approved PRODUCTION PATH......that's huge.
Would have been little comfort to drill the well, with Shells 100% COS , only to end like them with two fields with nowhere to go, well tried Darwin and FLNG but the Men from Del Timor , say no.......
As for looking after, try looking at the health , malnutrition , stunting , etc data on TL
On the other hand, if they had said yes 22 years ago, both Sunrise and Chuditch would have been long drained and we would not by default be holding a Super Majors asset, still to be revalued, from stranded and worthless........
We have an opportunity , due to the past and they just opened the door for our gas to market. It's what we have waited for all this time.