ERHC Energy Inc (ERHE)

[farrell90]

One of the unnamed partners is Qatar. See my earlier post 207386. You can count on the Chinese for a few billion. What do you think they could buy for $20 billion? Hopefully we will not have to wait too long for the answer.

One key to developing the JDZ we may have overlook is financing. Many ,including myself ,assumed between the Chinese, and possibly Total and /or Chevron financing the development would have been easily accomplished. The Qatar and Total parnership could be a linchpin in financing the expensive sub sea engineering and infrastrucure for the JDZ. Farrell