BUL 7.14% 5.2¢ blue energy limited

buying opp, page-28

  1. 1,189 Posts.

    Yep so dead this is what Frank Chapman from BG Group had to say on the matter on the 29th of April at the release of their 1st qtr results:

    Our Australian business has continued to gain momentum over the quarter. In February, we signed
    the plant Engineering, Procurement and Construction contracts with Bechtel for the Queensland
    Curtis LNG plant. QGC has also begun to commit to contracts to procure long-lead items, valued at
    more than $3 billion.
    And in March, we signed the fully termed LNG contract with CNOOC for the supply of
    3.6 million tonnes per annum of LNG over 20 years.
    BG Group also signed a new Heads of Agreement with Tokyo Gas to supply 1.2 mtpa of LNG from
    2015. This will represent the first purchase by a Japanese company of LNG manufactured from
    coal seam gas.
    BG Group also agreed, in its role as sole market aggregator, long-term contracts for the sale of a
    total of 1.5 mtpa of regasified LNG to six power generating companies in Singapore. This is the
    first tranche of contracts to be confirmed under the LNG aggregator agreement.
    In total, we have now secured up to 9.5 mtpa of LNG sales in Chile, China, Japan and Singapore.
 
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