they will receive $116m from Shell when they complete FID for FL...

they will receive $116m from Shell when they complete FID for FL Plant. This will fund their equity share of the plant. The $550m pipeline may be built in conjunction with a pipeline operator or super fund a la moranbah->townsville pipeline deal. Project financing will also be available once FID is made as they will be able to present the business case to banks. Shell will also need to pay 30% of costs for their share. Capital raising may be avoided, it all depends on terms they can achieve from financing.