Świat Bobaska

Unlike other provisions of a toll agreement, the structure of charges may not be consistent with toll agreements concluded in the same project. To achieve project success, financial viability is essential and the ability to generate sufficient cash flow to support project debt and other lender requirements is essential. While different forms of security may be required of lenders, a guarantee on the revenue source of the toll agreement is essential for banks and, since more than one party through an institution, is also essential for toll customers. Each participant has a personal interest in the viability of the toll company. The use of a secured trust agreement (i) gives banks the comfort of having control over the revenues that secure the project`s debt, ii) the toll company`s guarantee to pay its toll, and (iii) the project participants the certainty that the entire project is viable. As a general rule, the fee is a component that must be paid, whether or not the processing service is provided, either for pre-agreed quantities of gas to be delivered for processing, or for a capacity right in the LNG facility. The toll company usually needs a basic cash flow to cover the expenses incurred, whether the conversion service is used or not. Often, processing fees support project financing for export facilities. Lenders advance certain aspects of the fee structure to ensure that credit risk is properly placed and that cash flow is constant throughout the term of the financing. In addition, in most cases, the toll agreement is a „time-bound or paying” agreement, i.e. the toll customer pays for the toll services, whether or not the customer can use those services. Squadron Energy Group Australian Industrial Energy has signed a long-term lease with NSW Ports for a port site in Port Kembla, 112 km south of Sydney, for the development of the company`s planned LNG import terminal. You will also receive operations and maintenance payments as well as a start-up payment for turbine start-up….