RE:Gas Supply Agreement with Cheniere:yup, Mike said basically the same thing, but not with your words.
He said all in costs of $8. He was asked if that included tolls and he went on to mention NG, pipeline tolls, liquefaction and transportaion costs.
I am sure there are other costs and fees he could have mentioned but most investors would catch on to what he was trying to get across. Still not even close to $15 before they started making money as was stated.
houbahop wrote: Cheniere will pay Tourmaline an LNG-linked price based on the Platts Japan Korea Marker, after deductions for fixed LNG shipping costs and a fixed liquefaction fee. Tourmaline Oil Corp is acting as guarantor of the GSA on behalf of Tourmaline.