GREY:MGMCF - Post by User
Post by
geodude13on Nov 24, 2013 11:01am
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Post# 21935826
The window of opportunity is now unfortunately
The window of opportunity is now unfortunatelyDelays will make this project more difficult to deliver...the longer it takes to design, approve, construct and operate LNG infrastructure the more likely the marketplace will catch up and change the economic profile of the supply base for NG and crude. In regard to this opinion the following link is provided for consideration:
https://www.eia.gov/todayinenergy/detail.cfm?id=11611
The longer it will take to develop these remote and costly resources the more likely the current market will be able to source alternatives. The more alternatives the more likely the base cost for the commodity is at risk of declining which in turn hurts the ability to fund these capital intensive projects. The takeaway capacity needs to come on line within the next four years or else there will be new players in the market that compete with this play. It amy be a bit to late already.
Regards,