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Which of the following would not be an appropriate completion test for a liquified natural gas production project? A. Satisfying financial covenants relating to the
Which of the following would not be an appropriate completion test for a liquified natural gas production project?
A. Satisfying financial covenants relating to the project's gearing ratio
B. Physical completion of the power plant infrastructure
C. Reserve life greater than twice the life of the project loan
D. PV of forecast cash flows is greater than 133% of the project loan balance
E. Continuous extraction operations for two consecutive months
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