HR
The initial tranche of the AGL contract was struck at a relatively low price, which was instrumental in getting the added funds to get the development up and running. It is sort of like a "loss leader" which will unwind over time and volume thru the initial tranche of the AGL contract. Once that is completed, better prices will be forthcoming from Vali. The Engie gas from Odin will likely be seen at an even higher price point, IMHO more in keeping with the price cap.
I hope this helps.
AL
Ann: Vali and Odin Operations Update, page-39
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