RE:RE:New Gas Discovery begins production in late 2015What is exciting about expansion of the gas plant to process "new " offshore gas is the fact that this gas will be valued at $7.50 which is nearly twice current "old" gas production.
This would boost margins considerably from the current robust levels of $0.31 per mmcfpd.
Lots of potential developments that are in active consideration as we speak.
Soo, perhaps, we might see a Halt for such an announcement..