A partnership between LNGL and "this" (Foxconn, IDG Energy Register LNG Joint Venture - the joint venture will enable customers to obtain LNG resources in North America) sounds very promising. If this is indeed connected to IDG's investment in Magnolia, it could possibly spill over into the Bear Head LNG project in Canada! The potential is enormous and shines light on Magnolia's self claimed decision to letting go of Meridian and its decision to file for increased capacity. Just a thought for all of us to consider!
LNG Price at posting:
50.0¢ Sentiment: Hold Disclosure: Held