LNG 0.00% 4.3¢ liquefied natural gas limited

Oil and LNG, page-82

  1. 1,288 Posts.
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    You want to buy 150 - 200K shares and you think FERC approval will attract the instos! FERC approval does not bring in revenue even though you need it. We need customers to sign up for tolling so we can get a FID and revenue from Magnolia come 2018. We have one customer who has signed up but need the others to pull their finger out. Until then there is too much uncertainty about whether the project will go ahead and instos don't like uncertainty.
 
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