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jerrybrockman

03/06/24 12:55 PM

#49639 RE: JAB65 #49637

MARAD is controlled by and infiltrated by people that hate everything about this country. This 48 page doc clearly states that Biden is the holdup.
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U2C2

03/06/24 1:14 PM

#49644 RE: JAB65 #49637

Smells like they are going to use the 3M preferred shares, at least partially, to pay investors.

"At the same time, Vitol Americas Corp. also entered into an Investment Agreement with Delfin, providing an investment and loan and acquiring certain preferred equity options in connection with the financing of Delfin’s first FLNGV.” p.16 (Emphasis Added)
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Grouse Hunter

03/06/24 1:15 PM

#49645 RE: JAB65 #49637

Looks like those questionable articles were actually spot on with needing an extension and also FID mid year.
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senor_c

03/06/24 4:00 PM

#49650 RE: JAB65 #49637

Finally! I was right about the Greeks! That's all I care about. Yes, MARAD clearly has been the snag, and it sounds like they've been annoyed but doing what they can to move things along. Delfin and stakeholders are clearly ready to move forward, but I get why they are not ready to move for FID until they have all of the necessary stamps. Maybe someone from DOE can call MARAD and say, "Hey, don't make us look bad here, get your shit done!"