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13:23
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Originally posted by Snorky:
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jwhiteman, I'm a tad confused, can you help me out here please?01/17 Moving to finalize firm offtake agreements 03/17 Forecast FID in July 2017 03/17 Construction on Magnolia is expected to begin later this year 03/17 Negotiations (with investment grade counterparties) are advanced 06/17 Expected to have the whole facility contracted in the next 6-12 months 10/17 Confident of signing offtake agreements with credit worthy buyers later this year or early 2018 11/17 Discussions heavily focused on investment grade and credit worthy buyers 12/17 Talking about deals up to 25mtpa 03/18 There’s real potential to get a final investment decision by the end of the year
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No because despite energy crashing there will still good prospects for LNG into China which then evaporated with the trade war. The combination of both plus COVID-9 delivered a triple whammy.
