sto fid by 30-jun & what it means for esg, page-12

HI Poydenxter,

Bagagas hit the nail on the head. ESG has larger reserves than MEL and tied up capital.

JTaylor also explained my view perfectly. If STO are to sign off on a FID, I assumed that they would need certainity in their gas reserves (hence a possible takeover of ESG given STO will be looking at initially two LNG trains) - as I understand it..

STO and Petronas FID timeline is 30 Jun, so I would have thought that STO would secure its LNG gas reserves before then.

Others agree....or am I assuming too much