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percent will be sold through long term offtake agreements said Mark Gyetvay chief financial officer
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have expressed interests No long term offtake contracts have been signed and Novatek expects a
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offtake contracts and secure financing or equity partners for their projects But there are risks from
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LNG since 2016 The primary long term buyers of offtake from Freeport LNG Train 1 are Osaka Gas
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September 13 2018 Cost offtake contracts will determine next U S LNG projects Forbes; Sept 10 No matter
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sabine pass train 6 startup by mid 2023 offtake agreements in place with Malaysia s Petronas
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supply from new mostly U S terminals But projects have struggled to find offtakers as the world’s biggest
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offtake contracts to help fund its construction Development of the project would stretch Woodside
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projects could be an anchor for wider demand BMI said “In the face of reduced offtake from traditional [LNG
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owner and operator Novatek and U S LNG producers PetroChina has a 20 year deal for offtake from Yamal
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project with the decision expected in the first half of this year Other signed offtakers include a joint
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terminal scheduled to start operations later this year on Quintana Island south of Houston Offtakers
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order and 20 year offtake contracts in hand “we plan to immediately commence construction activities
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allowing it to offtake spot cargoes from the project PetroChina’s London subsidiary has been selling spot
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for construction The company has 20 year offtake agreements for much of the project’s output with units of Shell BP
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continued difficulty signing up long term offtake contracts Deloitte said in a global energy outlook issued
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to meet the increasing demand for cleaner energy ” Shell on short list for Equatorial Guinea LNG offtake
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to add 2 million to 3 million tons of LNG a year to its own annual offtake of 13 million tons
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million tonnes a year Freeport also has offtake contracts with Toshiba Osaka Gas a South Korean firm
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price ” Woodside is in talks for new short term offtake deals for LNG from its Pluto field http: www