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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: Second_Titan who wrote (82218)	12/20/2000 4:32:11 PM
From: Douglas V. Fant	Read Replies (2) \| Respond to of 95453

Quehubo007, These were plant specific profit data only, plants located within California that had been sold by incumbent utilities. Well, guys/gals I'm still waiting for the "shoe to drop" in the NG arena. I already mentioned Prudhoe Bay gas reserves. Amerada Hess I believe is building a small LNG terminal in the Dominican Republic. LNG can be shipped profitably from the Middle East from the giant ExxonMobil/Qatar facility for around $1.70/mcf; from Venezuela for around $3.13/mcf. You need LNG tankers of which there are no spare wordlwide- and they cost $260mm US each to build. But the economics look to be "there" for some of these major projects....