question?

So pipeline licence should be in this week - one of the last great pieces of the puzzle prior to FID which as we all know is on track for March.

Question is - if you were a prospective buyer of Arrow would you want to buy before they lock in to any firm agreements to keep control of all the gas or is it a better proposition to have this first smaller project in place?

I've been debating with a friend and we seem to agree that if a bid is to come, it will come before FID - if not before I believe Arrow may remain independent for a fair while.

Suits me either way. Thoughts?