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Equator Exploration - W. African Oil / Gas Giant in the Making (moderated)

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Olmert2 - Sun, 10 Dec 06 :

Anyway mach - Did you buy some PCI? At least they were looking for gas and found it.

EEL have gas that they cannot really do much with.

I was hypothesising if EEL would do something to their FPSO and do some LPG.

The FPSO can already deal with condensate for export at the rate of 25mmcf a day.

Finally I would say that these type of FPSO whilst costing money are nothing more than old rustbuckets that cannot sail anymore. If you look at the history of this thing it had not sailed for 10 years but they managed to get it going.

Now imagine if this thing sunk on the way to Nigeria...... :-(

Doesn't bear thinking about.........


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