07-24-2013, 09:19 AM
Palm/admin, It makes no sense for a company to let other companies to profit from using the first companies infrastructure for nothing.
If say OSH has 29% ownership of the loading wharf, would they not expect some form of compensation/adjustment if OSHs share of LNG became less than 29% of the export because IOC gas was now being processed.
It is a question of ownership rather than a question of whether the money has already been sunk into the project.
(yes I am a night owl and seldom go to bed before 2am at least)
If say OSH has 29% ownership of the loading wharf, would they not expect some form of compensation/adjustment if OSHs share of LNG became less than 29% of the export because IOC gas was now being processed.
It is a question of ownership rather than a question of whether the money has already been sunk into the project.
(yes I am a night owl and seldom go to bed before 2am at least)