I don't hold any LNG but keeping a watch on it. It looks like they have potential to go to 4 trains at Fisherman's Landing and possibly more.
If their comparative plant efficiencies and low capital cost per mtpa capacity are achieved at Fisherman's Landing the company has a great potential long-term.
I guess HQCEC and CNPC will need to kick in huge amounts of capital and debt funding for LNG to execute their plans.
Fair way to go yet - secure gas supply, project funding, FID, build FLLNG within budget and prove OSMR works efficiently.
It would be great to see LNG achieve its objectives.
LNG Price at posting:
34.0¢ Sentiment: None Disclosure: Not Held