LNG macro analysis, page-2336

M&A season will well and truly begin when a tariff lift occurs. Analysts say this is likely as part of Phase 2 negotiations between China and the US. Already there are now exemptions for LNG.

Coronavirus also created some uncertainty with factory closures, reducing demand temporarily. Factories have been reopening this week and this should balance out in coming weeks.

Clement weather for 2 winters has also made things difficult. Not likely to have another clement winter.

All of these factors mean the LNG sector should turn around in 2020 and and that's when M&A activity will be wild.

Just my opinion