Pipeline companies generally won't sign off on agreements without detailed design being complete, this is likely why it has dragged out. BCI need to get to a suitable level of detail to be able to undertake the necessary design checks and finalise the design for protection of the pipeline.
That doesn't mean they don't have a really good understanding of what is likely to be required, but they won't have it in writing yet and so they can't include specific details to the ASX.
Ann: NAIF Approval of A$450M Loan for the Mardie Project, page-61
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