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10 year, 5.58 mtpa deal ! - UNNAMED PARTNER, page-33

  1. Takings
    254 Posts.
    lightbulb Created with Sketch. 13
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    13/02/20
    08:06
    Post #: 42901561
    Do you understand logic at all?

    Cargos imply shipping

    “eight cargos”

    https://www.rigzone.com/news/new_fortress_energy_signs_lng_supply_deal-11-feb-2020-161047-article/

    As FrankMe has pointed out, New Fortress Energy LLC has a war chest of $800m USD, they are not farting around with 0.5 mtpa.

    https://www.hydrocarbons-technology.com/news/new-fortress-energy-secures-800m-loan-to-fund-natural-gas-projects/

    The calculator is the calculator and you cannot get a cargo out of 0.5 mtpa, let alone “eight”!

    PS. 8 cargos would be 2 trains per year
    Last edited by Takings: 13/02/20
    LNG Price at posting: 11.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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