$PEAK - So just who is going to pay for Coastal Gaslink cost increases? - $PEAK - InvestorVillage


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Msg  62365 of 62568  at  2/2/2023 10:02:38 AM  by

Naamkat


 In response to msg 62362 by  navajojoe
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Re: So just who is going to pay for Coastal Gaslink cost increases?

There ain't no chance they won't, sooner or later.  Ironically, the odds are improved by a more expensive pipe.  The easiest way to deal with balooning costs is to amortize over more flow. 
 
Anyhow, except for Shell, every other investor (60%) is a NOC here for security of supply. 
 
Now that the BRFN is resolved,  the only thing delaying a FID is resourcenacquisition.  Why let the targets benefit from rampant speculation? Better to buy resource before announcing Phase 2.
 
Regards,
Naamkat 


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