Good morning Folks! I'm just wondering if anyone is concerned/agitated about how long it's taking to get NTP?? Also, GV and our management team need a stern talking to for lack of information, action and progress!! :roll eyes: OK, ok, on a serious note... who cares when we get NTP, it's going to happen(this year or next) so relaaax! Secondly... GV has done a wonderful job since arriving, the progression towards FID is running smoothly. We completed full regulatory approval with FERC Final Order/Non FTA, EPC contract with KSJV extended, Meridian BTA extended... all were potential road blocks on our journey to construction. Give the big boss a break!
The following might be of interest to fresh faces who have not been riding the little red ant long... in terms of where US LNG is being exported and the domino effect GV talked about when an SPA was first signed.
SABINE PASS(6 trains, 27 mt capacity)
BG Gulf Coast - SPA signed 26/10/11 for 3.5 mtpa
Natural Gas Fenosa(Spain) - 21/11/11 for 3.5 mtpa
Gail(India) - 12/12/11 for 3.5 mtpa
BG Gulf Coast - 26/01/12 for 2 mtpa
Kogas(South Korea) - 30/01/12 for 3.5 mtpa
Total Gas&Power North - 17/12/12 for 2 mtpa
Centrica(UK) - 25/3/13 for 1.75 mtpa
Total 19.75 mtpa contracted.
CORPUS CHRISTI(3 trains, 13.5 mt)
Pertamina(Indonesia) 4/12/13 for 0.76 mtpa
Endesa(Spain) 2/04/14 for 1.5 mtpa
Endesa(Spain) 7/04/14 for 0.75 mtpa
Iberdrola(Spain) 30/05/14 for 0.80 mtpa
Gas Natural Fenosa(Spain) 2/06/14 for 1.5 mtpa
Woodside(Singapore) 1/07/14 for 0.85 mtpa
Pertamina(Indonesia) 1/07/14 for 0.76 mtpa
EDF(France) 17/07/14 for 0.77 mtpa
EDP(Portugal) 18/12/14 for 0.77 mtpa
Total 8.66 mtpa contracted.
FREEPORT(3 Trains, 15 mt capacity)
BP - SPA signed 11/02/13 for 4.4 mtpa
Osaka Gas/Chuba(Japan) 27/02/13 for 4.4 mtpa
Toshiba(Japan) 9/09/13 for 2.2 mtpa
SK E&S(South Korea) 9/09/13 for 2.2 mtpa
Total 13.2 mtpa contracted.
CAMERON(3 Trains, 15 mt capacity)
Mitsubishi(Japan) - SPA 17/4/12 for
4 mtpa
Mitsui(Japan) 17/4/12 for 4 mtpa
GDF Suez(France). 3/05/12 for 4 mtpa
Total 12 mtpa contracted.
DOMINION COVE (2 Trains, 5.25 mt)
Sumitomo(Japan) - SPA 1/4/13 for 2.3 mtpa
Gail(India) 1/4/13 for 2.3 mtpa
Total 4.6 mtpa contracted.
Although I am skeptical about whether we can close out a BTA deal with little known minor leaguer VGS... I remain buoyant that the BTA rains are hovering over us and can't wait to plant the first shovel into Maggy in 2017!!
Also, GV and our management team need a stern talking to for lack of information, action and progress!! :roll eyes: OK, ok, on a serious note... who cares when we get NTP, it's going to happen(this year or next) so relaaax! Secondly... GV has done a wonderful job since arriving, the progression towards FID is running smoothly. We completed full regulatory approval with FERC Final Order/Non FTA, EPC contract with KSJV extended, Meridian BTA extended... all were potential road blocks on our journey to construction. Give the big boss a break!
