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transaction called for Toshiba to pay about 800 million to ENN to take over the Japanese company’s LNG offtake
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enough long term offtake contracts to finance construction What was supposed to be a breakout year
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projects are looking to find more long term offtake in order to get the financial support they need to move
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and complete LNG offtake agreements before taking a final investment decision said John Peffer the company’s
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need additional offtake and the markets are difficult right now Magnolia LNG which would be built near
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s spot market he said Jera a joint venture of Tokyo Electric and Chubu Electric has an annual offtake
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of its contracted offtake from the terminal The planned shipments disclosed by the Cheniere official
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project in Kitimat British Columbia have marked a critical milestone with the signing of long term offtake
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and ConocoPhillips that sets the framework for their potential offtake of LNG from the plant and potential
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: www naturalgasintel com tellurian finalizes offtake agreements for first phase of driftwood lng https
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at maximum capacity due to low offtake by power producers In a new development a 1 263 megawatt LNG based
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per year project What it does not have are any firm offtake deals The privately held entity that has
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from backing new export projects with long term offtake agreements https: www spglobal com platts en
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and Plaquemines in 2023 Venture Global said it has secured binding 20 year LNG offtake agreements from units
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be for the bank to support U S projects entering into long term offtake contracts with a wider array of overseas
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clauses and volume flexibility On the supply side new liquefaction capacity and offtake is shifting toward
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to control source emissions Gaines said LNG trader agrees to boost offtake from proposed Louisiana project
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on sponsors ability to secure long term offtake agreements which buyers have been less willing to sign
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Cheniere is seeking offtakers for Train 6 at Sabine Pass and Train 3 at its Corpus Christi Texas terminal
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on Canada’s West Coast are stalled AltaGas signed a firm offtake contract Aug 1 for an under construction