chick chick boom, page-19

From today's LNG market release:

In addition to the PetroChina proposal, it appears that LNG Limited still requires additional gas from other parties. What progress is being made to secure the additional 65TJ/d?

Maurice Brand

LNG Limited, with the support of HQC, is negotiating to secure additional gas of at least 65 TJ/d from several different sources. These arrangements may be in the form of further Tolling Agreements or Gas Sales Agreements or indeed the outright purchase of the gas resource.  
 
LNG Limited has previously advised that one such gas upplier with whom it is undertaking due diligence, on a non-exclusive basis, is Westside Corporation Limited (Westside). This due diligence process is ongoing and there is no certainty any transaction will be agreed. However, should agreement be reached with Westside, LNG Limited considers that Westside (51% and operator) and its 49% JV partner Mitsui E&P Australia, has the potential for supply of up to 65TJ/d from their Meridian JV. As with Molopo, no agreements are in place with Mitsui. We are also at various stages of negotiations on other gas arrangements and will keep shareholders fully informed as we move closer to finalising any agreements.

Market Briefing - LNG Ltd MD on strategic gas supply