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Friday, October 27, 2023 11:00:26 AM
I have more faith in their timeline this time because they were very specific and immediate with FERC, not a generic future quarter like previous.
Only reason to delay at this point would be to wait on Devon if they were close or something finance related, which I do not foresee, since they seem to have everything in place.
The company previously said they expected the first FID with the second to follow, so I don’t think they anticipated doing both ships simultaneously. They probably want to hit that 2027 goal though at minimum with the first ship and build press for the others.
LNG buyers will hopefully start jumping on this soon. 2027 is a long time for the LNG market to change and some buyers in Asia are still sitting on the side with the recent rise in prices
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