How does the process of LNG contracts is?

LNG contract procedure includes ten main contracts .All of these contracts bring together in the one contract as a umbrella that is called Project Framework Agreement.PFA is actually basic work principals that will be extended in other agreements separately.These contracts are mainly related to shareholders,Technology,land,LNG plant and feed gas issues.This process may last a long time about at least 5 years till lead to production.However delay in reach to agreement at each stage could postpone the commencement date.Some of these agreements are prior condition to entry to next stage.However shareholders may waive some conditions to prevent of stopping.One of contracts that is commonly needed to initiate as a preequisite is Shareholder Agreement or SHA.This agreement set the relationship between shareholders and obligate them to go ahead in good faith and reimburse the damages due to act of each shareholder.SHA is also the base for establish the joint venture company.