GREY:NKRSF - Post by User
Post by
ziboon Aug 21, 2018 9:15am
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Post# 28491572
2022 NIKO gross revenue
2022 NIKO gross revenueBy 2022, India is expected to have an overall demand of gas to around 350 million metric standard cubic meter per day (mmscmd), of this we are going to supply around 35 mmscmd once the new discoveries start production," Mukundan told Business Standard
Niko's 10% share would be 3.5 MMSCMD.
1 cu meter = 0.0353 MMBTU
3.5 Million cubic meters x 0.0353 = 124,355 MMBTU per day.
124,355 x $6.78 per MMBTU = $843,126.90 per day.
$843,126.90 x 365 days = $307,741,318.00 per year NIKO's 10% share
After 2022 NIKO is in the money.
Can somebody check these numbers to verify.