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1 posted on 09/23/2015 5:36:14 AM PDT by thackney
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To: thackney

Maybe it will take off.

Key is the attractiveness of this country in making these huge capital investments(compared to say Myanmar), the environmental attraction of methane over other hydrocarbons, and the long-term LNG markets close by in Asia.

What is not highlighted is the beneficial aspect of natural gas to continued oil production. A lot, but not all, of the gas is presently used for pressure maintenance, thereby keep oil production decline from being worse in a secondary recovery effort.

There will undoubtedly be some increase in that oil decline at some point when gas is produced, but perhaps by then it may not be considerable.


2 posted on 09/23/2015 6:09:32 AM PDT by bestintxas (every time a RINO loses, a founding father gets his wings.)
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