I wonder if osaka gas swapped payment for equity
No media releases from osaka at this stage
July 7, 2010
Osaka Gas and Shell in agreement for a new long-term supply of LNG
Osaka Gas Co. Ltd and Shell Eastern Trading Pte. Ltd. (Shell) signed today a binding Sale and Purchase Agreement (SPA) for the long-term supply of liquefied natural gas (LNG).
According to the terms of the SPA, Osaka Gas will receive deliveries of LNG from Shell of up to 800,000 tons per annum for 25 years commencing in April 2012. The LNG in this new contract will be supplied from Shell’s global LNG portfolio.
Osaka Gas believes that a ‘portfolio supply’ of LNG contributes to improving the value of LNG purchasing for the company through minimizing risks associated with supplies.
The initial 5 years of the 25-year term of the contract are a firm supply, and the remaining 20 years are linked to the final investment decision of Prelude LNG Project currently under development by the Shell group in Australia.
Key terms of SPA
(1)Seller: Shell Eastern Trading (Pte.) Ltd.
(2) Buyer: Osaka Gas Co., Ltd.
(3) Contract duration: 25 years from April 2012
(4) Contractual volume of LNG: up to 800,000 tons per annum
(5) Terms of delivery: Ex-ship (Seller arranges vessels to transport LNG to buyer’s receiving terminals)
- Forums
- ASX - By Stock
- NXS
- valuation of the deal?
valuation of the deal?, page-20
-
- There are more pages in this discussion • 25 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add NXS (ASX) to my watchlist
|
|||||
Last
24.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $70.11M |
Open | High | Low | Value | Volume |
24.0¢ | 24.0¢ | 24.0¢ | $12.43K | 51.82K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 4761 | 21.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
25.0¢ | 57981 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 4761 | 0.210 |
1 | 5000 | 0.200 |
2 | 56205 | 0.195 |
3 | 48763 | 0.190 |
1 | 54000 | 0.185 |
Price($) | Vol. | No. |
---|---|---|
0.250 | 57981 | 4 |
0.255 | 75000 | 1 |
0.270 | 61438 | 2 |
0.280 | 7298 | 1 |
0.295 | 3390 | 1 |
Last trade - 10.30am 03/09/2024 (20 minute delay) ? |
Featured News
NXS (ASX) Chart |