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Ann: Magnolia LNG EPC Contract Extended, page-4

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sivart

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20/12/18

11:24

Post #: 36918039
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Originally posted by doctornoh: ↑

Not sure if this is being guaranteed by the EPC contractor though. In any case, if they extract this additional capacity at production they could just trade it on the spot market or medium term contract market like Cheniere marketing does, and then have the rest locked up in BTAs to satisfy the bankers.

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Nothing suggests the EPC contract contains any additional guaranteed capacity. I suspect that will just come when it comes to FID.

LNG Price at posting: 47.0¢ Sentiment: Buy Disclosure: Held
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Ann: Magnolia LNG EPC Contract Extended, page-4

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