Ann: Manora Update - US$27 Million Default of Northern Gulf, page-88

Additionally, if TAP cannot recover the $8m+ repayment from NGP from Manora sales as a result of the default, can't they negotiate to have this deducted instead from their reserve payments to NGP? Best case scenario would be they have met their payment obligations to NGP with a spare $1m due from NGP?

So altogether NGP's default has minimal impact on TAP, even presents an opportunity to boost TAP's potential future earnings by increasing it's stake in Manora?