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there is no urgency to conclude any negotiations until firm offtake contracts are in place However there was some
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LNG prices amid oversupply present challenge for U S offtaker Bloomberg; July 11 Six decades after
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s Driftwood LNG in Louisiana and Sempra s Port Arthur LNG in Texas all have some firm equity or offtake deals
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term offtake contracts often linked to crude oil prices allowed for the financing of billions
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from other hopefuls is that it has a 20 year offtake deal with Germany’s largest utility Uniper as well
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Ennis said “You can’t dock a ship to offtake the LNG until you have a full shipload of LNG in the tanks
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offtake incremental volumes because they can make a profit trading it ” As the world moves toward cleaner
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to defer or trim their import offtake volumes and pare high cost domestic gas to make room for some imports
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they have greater offtake flexibility than other supplies and because global LNG prices are at historic lows
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long term demand growth projections Absence of viable offtake could result in projects not taking off
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export projects will remain at a standstill in our view with Chinese offtakers likely waiting on a trade
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29 Participation in the project also provides for the long term LNG offtake of approximately 2
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looking at possibly expanding the plant’s capacity The company already has a couple of signed offtake
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offtake agreement with Shell is by far the smallest of U S LNG export terminals with 2 5 million tonnes
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out details of the engineering procurement and construction bidding process its offtake contracts
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most other U S developers that rely on traditional long term offtake contracts to get to a final
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export terminal developers are racing to line up offtake agreements and as trade tensions are adding
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reuters com article tokyo gas usa idUSL4N1IA2NR Tokyo Gas will not receive gas offtake from the project
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offtake agreements to allow a positive investment decision said Greg Vesey CEO of Australia s Liquefied
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If they want to have a long term offtake assurance there is a window ” Pradhan told Reuters “They can deal