Matthew Kissinger
28:14 - 28:56
“In 2016, they brought in Wood Mackenzie, and they asked Wood Mackenzie to do a competitiveness analysis of the project. And Wood Mackenzie said that the project ranked poorly in terms of competitiveness. And they recommended that we adopt a debt-funded third-party tolling structure rather than what would normally be your IOC, your International Oil Company balance sheet financed project.”
- Speaker
- Matthew Kissinger
- Timestamp
- 28:14 – 28:56
- Transcript
- HFIN-260527-1330
- Community
- Alaska News
- Location
- Alaska
- Captured at
- May 27, 2026
From the transcript
In 2016, they brought in Wood Mackenzie, and they asked Wood Mackenzie to do a competitiveness analysis of the project. And Wood Mackenzie said that the project ranked poorly in terms of competitiveness. And they recommended that we adopt a debt-funded third-party tolling structure rather than what would normally be your IOC, your International Oil Company balance sheet financed project. Project finance had become a common tool in the development of all the LNG projects at the— along the U.S. Gulf Coast. It's a tool that has allowed these smaller, more nimble investors to build the creditworthiness of individual projects and move them forward.
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