Condor they reported block 1 found 150'of net-pay of oil & gas. It is reasonable to say, Total has the local infrastructure with AKPO to provide the JDZ with the ability to fast track the oil & gas. Total was the perfect fit Exxon & Chevron was not with this development structure and moved on.
TOTAL is a big gas player. Most big players are both oil and gas companies.
Gas is much more difficult to transport to a distant market than oil. The conversion to LNG for shipping is very expensive. Currently in North America, gas sells at a discount to oil due to the significant new (huge)resource base attributed to "shale gas". In the Far East, Korea, Japan and China pay a LNG "premium" vs oil. New LNG is coming on line in Australia and Siberia soon. The Chinese had no equity interest in those projects.
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