California Dreaming
Posted by Big Gav
Martin Hastings has a new piece of analysis out on the contenders to supply California with LNG. It would seem both the Woodside and BHP bids are unlikely to succeed (and the possibility of Exxon shipping gas from PNG doesn't even seem to be a starter).
If I was going to bet on it I'd say ChevronTexaco will win (probably in a joint venture) with the gas coming from the Gorgon field.
One ugly prospect this raises is the possiblity of an american military base reappearing on the north west coast (probably at the old cold war base at Exmouth), given the propensity for US forces to appear in numbers wherever energy is to be found.
Technorati tags: peak oil
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