Golar LNG and BP Agree on Updated Payment Schedule, Settle Disputes for Greater Tortue-Ahmeyim Project
Golar LNG and BP Agree on Updated Payment Schedule, Settle Disputes for Greater Tortue-Ahmeyim Project
Golar LNG Ltd. ("Golar"), and bp, as Operator of the Greater Tortue-Ahmeyim LNG Project, have executed agreements to implement a commercial reset for FLNG Gimi. The commercial reset agreement simplifies contractual cash flows and settles previous disputes related to payment mechanisms for pre-commercial operations date ("Pre-COD") contractual cash flows. Golar and bp have agreed an updated schedule of daily payments until the Commercial Operations Date ("COD"). The daily payments have step-up mechanisms based on project milestones up to COD and are secured by long stop dates. Golar will also be entitled to certain lump sum bonus payments subject to achievement of certain project milestones. These Pre-COD cash flows are expected to be deferred on the balance sheet and amortized over the 20-year contract term from COD.
戈拉爾液化天然氣有限公司（“Golar”）和作爲大托爾圖-艾哈邁伊姆液化天然氣項目運營商的英國石油公司已經簽署了對FLNG Gimi進行商業重啓的協議。商業重置協議簡化了合同現金流，並解決了先前與商業運營日期（“Pre-COD”）合同現金流支付機制相關的爭議。Golar和bp已經商定了商業運營日期（“COD”）之前的每日付款的最新時間表。每日付款有基於項目里程碑的逐步支付機制，直至貨到付款，並有較長的截止日期作爲保障。Golar還將有權獲得一定的一次性獎金，前提是某些項目里程碑的實現。這些COD前的現金流預計將在資產負債表上遞延並在20年的合同期內從COD中攤銷。
The commercial reset settles all ongoing disputes including the current arbitration process and re-aligns the parties towards reaching COD.
商業重啓解決了所有正在進行的爭議，包括當前的仲裁程序，並使各方重新調整以達成COD。
To shorten the time to COD the parties have also agreed to start the commissioning of FLNG Gimi with an LNG cargo prior to the availability of gas from the FPSO.
爲了縮短COD的時間，雙方還同意在FPSO提供天然氣之前，開始使用液化天然氣貨物的FLNG Gimi的調試。