Friday 4th September 1981
GGP [Gas Gathering Pipeline] - Egy Officials believed that Oil companies deliberately throw money away!
Many of arguments (e.g. that Multiple will ignore some profitable small pockets of gas) hinge on the fact that oil companies do not act in their own interests.
GGP ensure ethane - but who wants it and why would it not be built if profitable.
Robin Ibbs essentially said that GGP was not worth the risks involved so much money [sic]