I had a go with the calculation and got the following numbers:
If Vali 1 produces 3TJ (~2.84 million cubic feet) processed gas per day, it would be equal to 3,000GJ per day.
At $6 a GJ, it would be $18,000 a day.
It would be 18,000*90=$1,620,000 per quarter for the joint venture. MEL's share would be $405,000 per quarter.
Assumptions: net profit margin is $6 per GJ, and the prepayment is ignored.
I had a go with the calculation and got the following numbers:...
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