Nairobi, Kenya. The four-day CAADP partnership platform, “Enhancing Trade and Market Access for Accelerated Agriculture Transformation,” can be an annual continental forum. It brought collectively stakeholders in African agriculture and food security industries with a purpose “to address challenges in order to consolidate and accelerate progress towards agricultural change in Africa. 12 June 2019. CABI hosted a side meeting on operationalizing the Africa Continental Free Trade Agreement (AfCFTA).
40 billion a yr. Staggering numbers just in and out themselves, but it tells you why people are prepared to sign long-term contracts to underwrite the infrastructure that we’re building from the Permian Basin in Texas to the Coast of Texas. When it gets to the coastline, it interconnects with our 5 Bcf a day Texas intrastate gas pipeline network where we can deliver it out to the local consumption marketplaces as well as the export markets.
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6.1 billion of secured capital tasks underway commercially. This is what we referred to ours as a backlog. 4.3 billion reaches about 5.5 EBITDA multiple. Okay. Which means this is on the gas part, it’s a mixture of producer drive, supply push that’s what we’re doing in the Permian and demand draw, which is what we’re doing for our LNG customers. 12 months 3 billion worthy of capital projects to do every.
Okay. Some tips about what I was talking about in the Permian Basin. 2.1 billion and what you saw the red here are the existing infrastructure that people have that’s portion of the Permian makers as you’re looking for ways out without us needing to build a new product, that’s our existing network. You start to see the development in the LNG marketplaces Here. Our pricing in The United States has been pretty stable and the outlook is good because of the producer economics.
So we’re assisting LNG in several ways. You are that people are providing the upstream infrastructure and that is really kind of the principal way. 5.day of transportation capacity 7 Bcf a 19-year average agreement life to build to support the other party’s LNG tasks. We’re also building out the insight here is we’re building out our Elba liquefaction tasks so that’s a task where we are the ones building a liquefaction capacity and we are commissioning our first device as we speak. This is under a long-term agreement with Shell, 20-season agreement with Shell, they’re the company — they’ll take the product price risk and place it in the international market part of their global profile of LNG.
So we’re getting — we’re taking part in the business in the manner we prefer to participate. We’re selling terminal services for a fee here, or we’re offering upstream transport and storage capacity to customers at these LNG facilities, third-party LNG facilities again for a fee, reservation-based fee. So on Elba, we’re commissioning now.