Horsetrader1
What you say is only partially correct. WPL is
ramping up its' LNG production.Train 5 has just
been commissioned and Pluto is next.In terms of
revenues,WPL is re-negotiating contracts as they
expire to more closely track the oil price.Expect
the next set of results to reflect this new focus.
With many new LNG projects overseas experiencing
extreme difficulties in commissioning,and LNG
increasingly becoming a fuel of choice because of
its' clean characteristics,current thinking is that
LNG may in the near future trade at a premium to oil.
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Horsetrader1What you say is only partially correct. WPL...
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