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He also noted that Philippine banks maintain a diversified lending base that spans counterparties and industry types as well as in terms of loan quality.
Source: https://businessmirror.com.ph/2023/03/21/medalla-phl-can-withstand-shocks-from-banking-crisis/
In other words, strong investment-grade counterparties.
One trend we've seen amongst counterparties since the meltdown of several trading venues over the past year is an increase in demand for on chain OTC options.
Suffice to say though, Scott, that we do believe that we'll be able to provide a very solid runway of LNG cargoes for those counterparties.