Hi MM, LNG could work GV's response to you into a credible...

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bweerniedeed

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19/09/17

19:04

Post #: 27324735
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Originally posted by mmartin ↑

bweerniedeed
Wrote

“We have very little information where they are making their sales pitch. India presumably. “

Spot on bweerniedeed

See the following emails: ----

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Email to Greg Vesey
Greg

OK, then how's the US relationship with India?

Sounds like there were talks with Rick Perry earlier this year, how can you use Rick Perry to get a foot in the door?.

https://swarajyamag.com/amp/story/insta/indian-customers-to-soon-get-affordable-lng-from-australia-pradhan

"India has also been discussing energy cooperation with the US, along with New Delhi's growing needs, export of LNG from early 2018 and Indian investment in LNG and shale sector in America. These were discussed by Pradhan with his US counterpart Rick Perry in Washington in March."

"India gradually wants to move towards a gas-based economy to double its cleaner fuel share in the energy mix to about 15 per cent over the next few years. (ANI)"

Regards mmartin
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Reply from Greg

“India is fine and we are working that market, don't really need Perry, his focus has been the projects not nearly as far along as we are.”

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Hi MM,
LNG could work GV's response to you into a credible market release. "LNG is in negotiations with energy suppliers from India X, Y and Z countries. All these countries all looking to step up their part in the worldwide transition from coal and oil to natural gas. The glut of natural gas is making the finalising of acceptable long-term contracts difficult at the moment. But NG prices are expected to move to parity within the next 3-5 years. Our expectation at LNG is to have BTAs in place within 3-15 months." Add a quote from GV and the head of the sales team.
That's no BS, no repetition of things said three years ago. You update that every six months with new information and you protect the share price if that is high on your agenda.

LNG Price at posting: 45.5¢ Sentiment: Hold Disclosure: Held
2 Upvote

0 Great analysis

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