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Wednesday, April 17, 2013 2:14:21 PM
Other reasons for China being first is the Chinese mandate requiring all industries to reduce greenhouse gas emissions by 16% by 2015. China is not like the USA. When China puts out a mandate it's comply or else.
For that simple reason China is motivated to fast track implementation whereas other pipelines might need to "Think" about it, so the China decision was multifaceted including but not limited to the reasons I just stated.
Please read about STWA. All of these answers and more are in the filings as well as the fact STWA has not stopped Domestic testing. In fact STWA leased the RMOTC testing center for 5 full years. In addition offshore studies as well as trunk line & refinery uses are posted on STWA in the investors section on their website. The AOT has been under constant testing and improvement since early 2011 and still continues today.
As a side note, I sincerely doubt the US Government leases large, expensive blocks of land with improvements without a background check to ensure the lessee has the means to pay the term of the lease.
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