I was thinking the same. A JV is usually established to share in profits or production output. Gas volume will be allocated to each partner according to their JV ownership (based on initial investment in JV), and then sold to a third-party.
It's different with Magnolia (correct me if I'm wrong). The company is looking for a third-party to sign BTA for the volume of gas it can transport.
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I was thinking the same. A JV is usually established to share in...
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