Independent Oil and Gas (IOG LN) intends to develop a number of gas fields in the Southern North Sea with strengthened economics due to an innovative hub spoke strategy. This is made possible by the acquisition of the Thames Pipeline which saves IOG up to a hundred million pounds in development capital. It enables IOG to tie in each of the fields to the pipeline, which will be 100% owned, providing a secure export route for the gas.
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Gas Hub Strategy Drives Strong Returns
- Published:
23 Mar 2018 -
Author:
Oliver O’Donnell -
Pages:
20
Independent Oil and Gas (IOG LN) intends to develop a number of gas fields in the Southern North Sea with strengthened economics due to an innovative hub spoke strategy. This is made possible by the acquisition of the Thames Pipeline which saves IOG up to a hundred million pounds in development capital. It enables IOG to tie in each of the fields to the pipeline, which will be 100% owned, providing a secure export route for the gas.