You can be rest assured that they will be charging along on GLNG. The last quarterly had that as a key focus > they seem very determined to tie it up.
From the Sep 09 result, it seems as thought they still need to tie up some customers for the Gladstone LNG train.
Some snippets from the news release (presentation not out yet and still ducks and swans on the webcast):
while excellent progress continues to be made in Brazil, Australia and the USA, underpinning our confidence in the Group?s growth outlook to 2020.?
E&P: Capital investment of ?4 226 million comprised investment in Americas (?1 443 million), Africa, Middle East and Asia (?1 333 million), Europe and Central Asia (?736 million) and Australia (?714 million).
Capital investment Summary Australia (pounds m) 2009 4th: 243 2008 4th: 2142 2009 Total: 935 2008 Total: 2468
Cheers,
SF
AOE Price at posting:
$3.43 Sentiment: Buy Disclosure: Held
