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26 comments on Questions About the World's Biggest Natural Gas Field

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MetaMeme on June 10, 2006 - 8:11am

Just wondering ...

Will this Qatar (in)action block new long term LNG contracts?

Will it also block liquefaction train builds?

And what about new gas-to-liquid plant?

If so, which importers are likely to lose out?

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Robert Rapier on June 10, 2006 - 11:03am

And what about new gas-to-liquid plant?

Without getting into specifics, "Yes". I think they overestimated the size and quality of some of their fields, so they had to slow down development of them.

RR

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MetaMeme on June 10, 2006 - 12:23pm

I feel that over the last year or so we have heard a lot about reserve shortfalls, unexpected early declines, messed up infrastructure, etc for both oil & gas.

In contrast, there have been very few "Hey, look at all this oil & gas I have found" reports.

Is this just normal industry or media "noise" ... or will we get a nasty shock in a year or so when several varied sources splutter and lose production?

Are people in the industry quietly gritting their teeth and hoping that it will all be OK at the end of the day?

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