unless you were thinking KSJV were going to turn down the US$4.35 billion dollar job if no DOE approval before april 30th, then this announcement doesnt really change anything....
"We are working closely with key contractors and suppliers, such as KSJV, to maintain momentum on the Magnolia LNG project as we continue our marketing efforts. "
"continue our marketing efforts" read: try sign more BTA's...
just more delays waiting for more companies to come on board and sign BTA's really... with gas/oil prices improving, hopefully companies will be seeing this as the bottom in the market and wanting to sign up sooner rather than later...
anyone want to discuss time frames?
chart looks like a false break on the news this morning, support around 58c...
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