What a confusing release????
I assume NFE is asking ETE whether they will exercise there pre-emptive right.
If not, then ETE's JV status remains as is with a new JV partner replacing NFE.
If the answer is yes to exercising the pre-emptive right, then say so??
What's wrong with using plain ENGLISH!
AM I wrong here? I'm not an MI5 operative who is good at decoding messages.
My thoughts only.