4WD
$50 site donor 2024
We have covered the decisions made in Qatar before … Western companies don't get to make decisions alone there - and when the government says allocate to LNG production that's what you're going to do. There is huge demand in places like S. Korea and Japan … these mega contracts carry serious penalties when supply is not met.
The majors all hold thousands of GTL/LNG patents … yet there is no rush by any of them to follow what Shell did …
Then comes the discussion over the Strait of Hormuz -vs- current and future pipelines to avoid that risk along with who shares the huge cost (and risks) of keeping the waterway open.
Complicated area to do business …
The majors all hold thousands of GTL/LNG patents … yet there is no rush by any of them to follow what Shell did …
Then comes the discussion over the Strait of Hormuz -vs- current and future pipelines to avoid that risk along with who shares the huge cost (and risks) of keeping the waterway open.
Complicated area to do business …