Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Gasification Technologies -- Ignore unavailable to you. Want to Upgrade?

To: upanddown who wrote (500)	7/28/2006 8:28:34 AM
From: Dennis Roth	Read Replies (1) \| Respond to of 1740

>> Shell might need $18B (18X Oryx) to build two 70,000 BD plants (4X Oryx)? << You forgot the 120,000 barrels of oil equivalent per day of condensate, liquefied petroleum gas and ethane to be extracted from the 1.6 billion cubic feet per day of wellhead gas. The cost includes the development of the gas field, the gas liquids seperation plant, the lubricant base oils synthesis facility, etc. The project is bigger than just two Fischer-Tropch trains. Estimates for the whole project vary from 12 to 18 billion, Shell isn't giving a figure. biz.yahoo.com Costs for the Shell-led Sakhalin II gas project has doubled to $20bn, the cost of Shell Canada's Athabasca oil sands expansion in northern Alberta is growing 50% from C$7.3 billion to C$11 billion. Shell's not very good at estimating or controlling costs of major projects.