When these projects undergo investment appraisal then every part does its own due deligence to negotiate long term contracts. Most analyst assumed that this supply coming in would reduce prices. It did reduce prices untill very recently. I wrote another post where I was suprised to see TTF not going 40 euros in winter. I made a claim that it will go 40 in Jan and its now in that range. Every body flagged me off saying i underestimated new US supply. What I didnt expect was Henry hub going high. Isnt supply secured before comissioning an LNG project? I assumed the gas for LNG will come from new wells.