for those wondering why the price just jumped, page-4

..and again. Why the price has jumped.

From Dow Jones Newswires:

Kogas In Final Stage Of Talks With Santos To Buy LNG

27/08/2010 12:14PM

SEOUL (Dow Jones)--Korea Gas Corp. (036460.SE), South Korea's largest liquefied natural gas supplier, is in the final stage of talks with Santos Ltd. (STO.AU) to purchase more than 2 million tons a year of LNG, a person with direct knowledge of the matter said Friday.

Kogas will provide around 10% of the investment for the Gladstone LNG project in Australia, the person told Dow Jones Newswires by telephone, adding the decision on the LNG purchase will be announced next month.

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...and I'm not selling yet. Holding firm for now. ;)