ob on lng project and reserves upgrade, page-5

There's also a number of fairly clear setting of expectations in terms of timing of the LNGN leadup including:

1) Feasibility Study by year end
2) Marubeni to have progressed marketing of LNG "significantly" by year end (and it could sign up any day for sufficient gas to underpin the prioject)
3) FEED committment by early 2011 (and of course purchase of the Newcastle land for the LNG plant by mid January)
4) Approvals and FID by end 2011.

This is a clear challenge to anyone wanting ESG's gas for their own purposes .. IMHO.

H