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Re: Status update....brchad this should answer some of your questions.....FYIThanks for the info. So what I gleaned from that is: Trans Forcados Pipeline OML 30 owns and operates the TFP Several other operators currently use the TFP to transport crude to Forcados for dewatering and export. Capacity of the line is 850,000 bpd. Current use is c. 315,000 bpd These operators pay OML 30 a ‘Capacity tariff’ ranging from $0.11 to $0.87/bbl and a ‘Production charge’ of $0.17 to $0.44/bbl. The tariffs are based largely on the length of the line that is used So, if the articles are right, and we are waiting on sign-off by the operator, wouldn't the tariffs have been negotiated already? Why would it take so long to simply sign the contracts? Or.... are the articles only partly correct, and as Bobby implies..... we are waiting for approval by the Nigerian government based on final inspection to ensure compliance with their Oil Pipeline Laws. If it's the former.... we should be finished long ago. That leads me to believe it's the latter.... and as Billythekid says, that could take FOREVER. So.... bottom line..... does ANYBODY really know what the logjam is? |
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Msg # | Subject | Author | Recs | Date Posted |
13296 | Re: Status update....brchad this should answer some of your questions.....FYI | brchad | 0 | 10/30/2014 1:09:30 PM |