tag:blogger.com,1999:blog-5124857623766724513.post8166476390189585449..comments2024-01-13T08:27:40.266+00:00Comments on Suq Al Mal: Dana Gas: Comments on KRG SettlementAbu 'Arqalahttp://www.blogger.com/profile/01296250358695456059noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-5124857623766724513.post-18363379920020552162017-09-19T13:16:47.591+01:002017-09-19T13:16:47.591+01:00Anonymous
A follow-up to my comment above which o...Anonymous<br /><br />A follow-up to my comment above which on a second reading really isn't clear as to my question.<br /><br />(1) Are you looking at PPL's 2014 derived income statement as a proxy for what PPL might earn during the two-year period and thus have concluded that the lion's share, if not all, of the USD 1.2 billion will be realized by PPL during this period? That is, that the PV of the USD 1.2 billion will close to the nominal amount.<br /><br />(2) Or is you comment simply that during the next two years, PPL will enjoy all the revenue from the fields whatever that might be? And that the PV of the USD 1.2 billion is uncertain? <br /><br />Thanks<br /><br />Abu 'Arqalahttps://www.blogger.com/profile/01296250358695456059noreply@blogger.comtag:blogger.com,1999:blog-5124857623766724513.post-17156758491998454972017-09-17T14:20:43.096+01:002017-09-17T14:20:43.096+01:00Anonymous
Many thanks for your comment.
We'r...Anonymous<br /><br />Many thanks for your comment.<br /><br />We're on the same page as regards cost recovery coming before sharing under the concession agreement.<br /> <br />But I don't understand the two year horizon you mention. I'm hung up as it were on DG's 2016 FYE Annual report Note 28a. The changes in the overaccruals are only about USD 100 mm from FY 2015 to FY 2016 for PPL in aggregate.<br /><br />If you have time and the inclination, could you explain your two year horizon.<br /><br />And keep on posting!<br /><br />Best<br /><br />AA<br />Abu 'Arqalahttps://www.blogger.com/profile/01296250358695456059noreply@blogger.comtag:blogger.com,1999:blog-5124857623766724513.post-68927251048888953442017-09-16T07:12:40.063+01:002017-09-16T07:12:40.063+01:00for point 6 and 7, PPL will be taking all shares o...for point 6 and 7, PPL will be taking all shares of revenues for the next 2 years; hence no payment to KRG till the sum of $1.2B is paid.Anonymousnoreply@blogger.com