02-13-2016, 11:32 AM
Puts:
Re-read what Patrick Pouyanné and Laurent Vivier said.
Then sit quietly and think about their statements.
Then re-read yet again.
They are entering into these new long-term offtake contracts, with new customers, based on oil prices, to underpin the Papua LNG Project.
They are not in a frenzy; they are focused on early FID for the best project on their table, based on long term deals "CONTRARY TO SOME EXPECTATION IN THE MARKET."
Re-read what Patrick Pouyanné and Laurent Vivier said.
Then sit quietly and think about their statements.
Then re-read yet again.
They are entering into these new long-term offtake contracts, with new customers, based on oil prices, to underpin the Papua LNG Project.
They are not in a frenzy; they are focused on early FID for the best project on their table, based on long term deals "CONTRARY TO SOME EXPECTATION IN THE MARKET."
Drivel Maven with Personality