Woodside FLNG, page-8

Bomber78

Of course you have seen this article?
Cott Oil and Gas commences Floating LNG study for Pandora Gas Field

Wednesday, March 12, 2014 by Bevis Yeo

http://www.*.com.au/companies/news/...ng-lng-study-for-pandora-gas-field-53619.html


I notice that Wilson will be looking at retro-fitting a tanker as well as all other options.

I've read one article which suggested a retro-fitted FLNG ships could be used to produce LNG which would then be transferred to a LNG ship for transport to the buyer's re-classification plant.  It was also suggested the retrofitted ship could be used for the 3 phases - liquification, transport and re-gassification.

It seems proven natural gas reserves around the world have been sold for around $650M per tcf.  Pandora is not quite 1 tcf .  But I am certainly no expert and I suggest the amount of co2 in the gas would affect the price.

Maybe this site could answer the question?
What Are Proved Reserves Worth? (PXD,UNT,CXO,DNR)

www.investopedia.com/.../what-are-proved-reserves-worth-pxd-unt-cxo-...

The value of proved reserves can fluctuate based on the commodity prices used ... These prices were $87.31 per barrel for oil and $5.46 per Mcf for natural gas.