Seifi Ghasemi: Well, I mean, I can’t comment on their strategy of Exxon and what they’re going to do. But this is a competitive Board. If Exxon decides that they want to get into their merchant ammonia business and make blue ammonia to sell, then we will have an extra — an additional competitor. Hydrogen that they are going to produce a significant amount of that from what I understand is going to be used to replace the natural gas that they are using because the whole purpose of the project is to reduce their carbon emissions. So if they do that, now are they going to make so much hydrogen have extra amount to do merchant. I don’t know, I don’t have any visibility on that and all of that. That to them to do what they want to do.
We would have you know what we are doing and as I said, I’m sure other people will get attracted to these projects. But it’s one thing talking about these things is actually doing the details they just announced they’re doing a fee. They have to wait until they do the fee, then they add their costs and then they find out what the total cost is and all of that. But it’s a target up to them. They decided to do it themselves, which is fine.
Ezekiel Roberts: Okay. And then since the Alberta blue hydrogen plant will be the first really big project up online, do you think you’ll get a premium on all of the hydrogen out of that plant? Or do you think some of the hydrogen is going to be sold with the existing gray hydrogen market.
Ezekiel Roberts: What the interesting thing is that you mentioned our project in Canada, the customer for that project is Exxon. We are, right now, almost sold out of that project, and they are getting a significant premium, yes, because Exxon through their subsidiary, which we have announced this publicly, so I’m not putting anything new to their ancillary, which is the inferior Chemical Limited, they are going to use the blue hydrogen we give them to produce renewable diesel that they’re going to sell in California at premium prices. And as a result, they are giving us a significant premium for the blue hydrogen that they are buying from us in Canada.
Operator: Thank you. We’ll take our next question from Steve Byrne with Bank of America.
Steve Byrne: Yes. You had some pretty hefty merchant price increases in Europe and Americas. My question for you is how much of that had a surcharge in it given gas costs have dropped in both regions. Could you see some sequential decline in pricing in those regions?
Melissa Schaeffer: What the question that you’re asking, Steve, is very relevant. We obviously have increased the prices in order to recover the power cost. Obviously, at some point in time, if the power costs go down, then some of the customers would expect us to decrease those prices. And we listen to that and we will make a decision based on supply-demand situation as we always do. So it is possible. But if the price declines in the future, then that would be as a result of power price declining, therefore, theoretically, there shouldn’t be an impact on our bottom run.
Steve Byrne: Okay. And just a follow-up on NEOM. Has the design of it changed, is it still a couple of gigawatts of electrolyzer capacity or has this changed? Could you produce more than the 1.2 million tons of ammonia. It seems like you could battery backup. Is that also enabling you to lead — to have an unchanged ammonia price from this project?
