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Credit Suisse thinks IOC capex estimate too lowCredit Suisse comments We understand that InterOil is suggesting it has resources of around 11TCF, which should be adequate for a 6-9Mtpa LNG project. We highlight the suggestion that capex could be around $7bn, which we think is much too low for total capex (upstream and downstream) of a 6-9Mtpa LNG project. In comparison, we currently expect the XOM operated 6.3Mtpa LNG project to cost approximately US$10-11bn. http://siliconinvestor.advfn.com/readmsg.aspx?msgid=25474741 |
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Msg # | Subject | Author | Recs | Date Posted |
1983 | Re: Credit Suisse thinks IOC capex estimate too low | jft310 | 6 | 3/8/2009 5:55:56 PM |