Bootledodger3 May 2018 21:17
I dont know, they have applied last year I believe and it seems positive, this is riding on it! If its denied we are in big trouble I think. I get the feeling it wont be and 5 years of pain can ease some what. FID should be assured with it and even if PMO are struggling they would find a queue of farminees with $800 sat there waiting to develop this with upstream suppliers already saying "put my hat in" .
The reason we are in the doldrums is because of PMO, they nearly went bust and that attached a near zero value to SL. Things could change very rapidly here, could be a different beast in early 2019 with an arbitration result to add hopefully!