Sounds like that Chinese want the whole lot, the 8.8 (LUCKY CHINESE NUMBERS) must have done the trick.
“LNG Limited is appreciative of the relationship we have enjoyed with Meridian LNG. However,this decision allows us to free up desired capacity from Magnolia LNG for offtakers that are moreclosely aligned with Magnolia’s development needs,” said Greg Vesey, Managing Director andChief Executive Officer, LNG Limited.
Well well ... dare we hope?!!!
Very interesting. Cant think why else this would be announced now. Mind you ... may also be another Asian or a European country. GV at the AGM mentioned Magnolia's total capacity could be taken up by either Asia or Europe. His choice of the words Total Capacity suddenly have a little more resonance after this announcement!
