I have made the argument before and I will make it again; this is the right time to be developing a significant natural gas resource in China, negotiating long/medium term SPAs and pushing through necessary Government approvals.
Quote Demand has exploded by 19% this year, on pace for the highest growth since 2011 and leading Sanford C. Bernstein & Co to declare the “golden age” of gas in China amid the nation’s efforts to clear smoggy skies.”
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SEH Price at posting:
12.0¢ Sentiment: Buy Disclosure: Held