re: Ann: Balai Cluster RSC Project Finance Se... Guys I'd really like to talk about the Balai cluster a bit more.
I don't really understand why ROC see this as attractive. It looks like to me ROC is funding the appraisal and development (taking the risk), then receiving reimbursement of appraisal and development from production (if there is any) plus a fee.
Where is the upside and how does the rewards outwit the risks?
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Ann: Balai Cluster RSC Project Finance Secured , page-6
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