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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: tejek who wrote (219296)	2/15/2005 6:54:48 PM
From: Road Walker	Read Replies (1) \| Respond to of 1576646

re: Frankly, the whole process potentially seems fraught with problems. First, you have to extract the NG of say Qatar and then, turn it into liquid gas and then pipe it onto a ship. The ship then takes it to say the US where there is a facility that turns it back into a gas and sends it through pipelines to its destination. To me, its sounds like a lot of expensive and potentially dangerous work. However, with NG at $6+ per Bcf, I guess it makes it feasible. We'll see. I don't know... we're talking multi $Billion investments by all the major oil companies. They were saying ~$14 a barrel total cost (depending on a bunch of unknown variables). It's enough to make me curious from both an investment and political (right now our actions are making our "enemies" rich) perspective. It's hard to find a lot of info on the Qatar plant... which makes me think I should know more. John PS Went and got the article, Exxon, Shell and Chevron have committed $20Billion to the Qatar plant. The industrial plant is twice the size of Manhattan.