02-13-2016, 08:45 AM
Neither one Putz
It means they're in a hurry to finalize off take deals to reach FID on schedule in early 2017.
It is an excellent set of statements.
TOTAL and OSH have also repeatedly stated that number of LNG Trains and size will be determined in mid 2016 and substantial early work on the project will commence. In fact, early work to my opinion has already started.
The early work will be so substantial that IOC will have to draw from their credit facility NOOS and then pay it back after they get $2.5 Billion$ from TOTAL at certification in 4Q2016
It means they're in a hurry to finalize off take deals to reach FID on schedule in early 2017.
It is an excellent set of statements.
TOTAL and OSH have also repeatedly stated that number of LNG Trains and size will be determined in mid 2016 and substantial early work on the project will commence. In fact, early work to my opinion has already started.
The early work will be so substantial that IOC will have to draw from their credit facility NOOS and then pay it back after they get $2.5 Billion$ from TOTAL at certification in 4Q2016
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