As I understand it the site is not big enough to add another train so it would be squeezing efficiency from the proposed four trains. Id be happy with three trains let alone four or five.
One other thing to consider today would be that the EPC contract sum I think runs to the end of this year and LNG would be required to renegotiate with KBR. given the general lack of new projects coming on line and given Magnolia is a material project to KBR you would expect them to toe the line and extend the current quote out.
Hopefully we get some further colour from the team in the call.
LNG Price at posting:
71.0¢ Sentiment: Buy Disclosure: Held