i dont think it will be much to do with the farmin negotiating on percentage. MEO would not have had the right to negotiate the other JV participants percentage holdings. It is more likely an agreement about the LNG plant, how it is run, and how gas is sold. Farmin would want control here considering their investment. CUE might have been wanting to leverage off this development for their other projects, but the side agreement may have limited this.
We should know fairly soon either way.
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i dont think it will be much to do with the farmin negotiating...
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