More comments re: EWC and Interoi Gulf LNG project posted today on shareholdersunite (see below).
With EWC’s share price holding up well during the past week, one hopes that ASX announcements are forthcoming re: PNG LNG and/or power plants, the financing of the power plant in the Philippines as well as the 2D seismic results in Sengkang.
Comment 1:
Kind of looks that way; they at least knew the XOM need for gas for future trains was there. Other interesting thing is that the NEC statement released by O'Neill on says, "an internationally recognised and experienced operator shall operate the upstream facilities....". No mention of midstream like Duma does. The LNG plant is part of the Midstream operations. So, did the NEC and O'Neill open or leave open the possibility of EWC/Flex/Daewoo, etc setting up shop without the need for Exxon/Total/Shell being the operator? Seems so, since O'Neill's statement was in writing, and Duma is simply blabbing and possibly trying to make us think that will not be possible.
Comment 2:
The EWC stock price is talking. Whose listening?? Is it done well no I don't think so but the odds have gone higher.
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