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All seems good right. So much for the market frenzy. Will be...

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sivart

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10/10/14

23:11

Post #: 14109433
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Originally posted by HighPsiLng ↑

FERC's in-concept approval of Cheniere Energy's (NYSEMKT:LNG) Corpus Christi LNG export project “confirms a less risky regulatory outlook for U.S. LNG and will support upside to U.S. export volumes,” Eurasia Group says.

Move seems to indicate DOE "will continue to approve U.S. LNG projects in a timely fashion as they come up for review after FERC approvals,” firm says.

U.S. LNG will be the “dominant source” of new supply by the end of this decade, Eurasia says, challenging the outlook for projects in Canada, East Africa, Russia targeting post-2020.

Financing "could be the most challenging hurdle for the estimated $11B Corpus Christi, especially as a greenfield project that is betting on a larger share of uncommitted volumes.”

Cheniere's project is the first greenfield LNG export project to receive environmental approval.

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All seems good right. So much for the market frenzy. Will be interesting to see where Cheniere and us go overnight in the us.
LNG Price at posting: $2.96 Sentiment: Buy Disclosure: Held
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