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Re: arnim-v-b post# 255764

Thursday, 03/29/2012 9:06:52 AM

Thursday, March 29, 2012 9:06:52 AM

Post# of 361106
Arnim
SNP is in part (40%) paying or recompensating TOTAL for work done on Block1 as they are PARTNERS there.ToTal relies on China through SNP or CNOOC for financial backing..IMO they are not going to play that game with China...that is a fools game!
only my opinion.
Google ToTal and CNOOC or SNP and see how close they are and have become,in their Global projects.ToTal needs a good financial partner as they cant do these projects on their own....Cash is still King!