The costs overrun also explain why TPD board saw this as the best way forward. Also, with increased debt, TPD will have an even harder time wiggling out of it.
Great that increased cost of constrution will be offset by higher gas prices than when FID was taken. Somewhat fortunate. But high costs also means it's going to be harder for competitors to bring new gas supply online soon... and Walyering is already flowing.
Ann: Walyering Production Update, page-8
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