Heard they may need to contract a larger FPSO vessel eventually for the gas project . The gas project is going to be a lot larger than previous thought , being approx 379PJ and 19mmbbl condensate . It is thought that initial production will most likely be 100TJ/day , and >5,000bcpd from the BMG Gas Condensate project . Any delays now in the Gas Sales Agreement will be because the project is going to be bigger than first thought , but this will only mean delay for the next few months . The Gas FEED program has to be handled due to larger bizz ! And that will get under way once GSA is finalised ....
Capital expenditure is going up with this bigger project . This maybe what was behind the recent exit from AZA by BPT which makes sense all round . Think about it , looks like BPT did !
Dyor
AZA
anzon australia limited
