"the export allowance covers all pre-FID projects"STX is so far...

"the export allowance covers all pre-FID projects"

STX is so far advanced when compared to MIN in terms of PB pre-FID requirements. STX has EPA and production license approvals for WE - that is hugely valuable now that the clock is ticking for LNG exports "up until the end of 2030." Sure, the policy may be extended (or revised) at a later date, however with STX, you have a valuable project that is likely to obtain FID approval in the next few months.

STX waited years for WE EPA and subsequent license approvals to come through - it could conceivably take MIN 1-2 years to obtain all required approvals and then, to build a plant, a further 2 years plus. MIN could be looking at 2028 before first LNG gas is exported.

STX are ~2 years ahead of MIN schedule for benefiting from this policy change - that you would think is very attractive to any potential new player into the PB when running the ruler over the projects.

Ocean Hill is another near term FID project that would benefit from this change and looking forward to the 3D analysis.