Australia's largest stock trading and investment forum Australia's #1 stock forum

LNG

0.00%

4.3¢ liquefied natural gas limited

Only commenting on one specific part here. The 8.8mt is per...

First 1012 Last

Share
Profile

Follow
sivart

5,940 Posts.

111

07/02/19

12:45

Post #: 37362387
Share

Originally posted by MoneyBags1348: ↑

Frankie thank you for continuing to provide valuable information about our gulf coast competition and supply, it goes a long way to making informed investment decisions.

Champee, you and I might be in sync, I have been researching Foxconn and their joint venture with IDG lately and wondering about a number of scenarios such as Foxconn building a new manufacturing plant for Apple phones and accessories in the US, how it could employ thousands in the US and how this might affect the trade talks and Magnolia.

Foxconn is an electronics manufacturer and IDG an investment company, forming a joint venture looking to provide logistics into the energy (LNG) sector. As far as BTA’s, they are up against Chinese state owned energy companies and other gas majors based in Europe and the US.

Foxdog, yesterday you posted (on another thread) “Spot on - 8.8 could be swallowed by this arrangement and re-distributed to multiple buyers on mainland China”

Foxconn’s logistics proposes to optimise distribution via its container transport network using road vehicles and ships to transport its containers. This method is in its infancy. Have you worked out the amount of ships and road vehicles it would take to shift 8.8mtpa of LNG and the costs involved. Here’s some figures for you:

LNG carriers / tankers carry 143,000 - 266,000 cubic metres

The largest LNG containers (40 ft) hold 43.5 cubic metres of LNG (17.25 tonnes)

That means you need to transport 3000 - 6000 containers to match one LNG carrier.

From here you can work out how many containers it would take to transport 8.8million tonnes!!!!!!!!

Here’s a quick way, multiply it by 1,000,000 the halve it.

I know the container manufacturers market them as a lower cost solution but these containers are designed for limited volume requirements, not 8.8 million tonne worth.

The rampers are out in force again, Foxdog just wondering if you are just another one on these threads who is trading the company and posting unresearched and unreliable comments in an effort to push up the SP for your own gains, at least Ricky follows his posts with ’imo’.

Please do some research, back it up with facts, and prove me wrong!!!!

Expand

Only commenting on one specific part here. The 8.8mt is per annum. Therefore your numbers are the total trips per year of containers and trucks. Not the number required at any given point in time.

LNG Price at posting: 49.5¢ Sentiment: Buy Disclosure: Held
8 Upvote

0 Great analysis

Reply

Top Stories

Has uranium run out of steam? An update on nuclear markets & developments ahead in FY25

AHK

Ark Mines inks 1.5Bt Exploration Target for Sandy Mitchell REE play including NdPr; PFS due in Q4

SS1

Sun Silver gets that drill to thrill feeling from high grade hits at Maverick Spring

RNX

Renegade uncovers large IOCG breccia system at QLD's Mongoose Deeps

IBG

Ironbark acquires two Mt Isa projects, notes 2,977 ppm copper at surface

There are more pages in this discussion • 567 more messages in this thread...

First 1012 Last

Add LNG (ASX) to my watchlist

Only commenting on one specific part here. The 8.8mt is per...

Top Stories

Has uranium run out of steam? An update on nuclear markets & developments ahead in FY25

Ark Mines inks 1.5Bt Exploration Target for Sandy Mitchell REE play including NdPr; PFS due in Q4

Sun Silver gets that drill to thrill feeling from high grade hits at Maverick Spring

Renegade uncovers large IOCG breccia system at QLD's Mongoose Deeps

Ironbark acquires two Mt Isa projects, notes 2,977 ppm copper at surface

Featured News