it's my understanding that global lng demand is expected to dramatically pick up in 2020-2022, in some respects the "trade" war impacts/ threats have been slamming the LNG price as if it's only about China.
However with some patience even if the Chinese shut off demand for US LNG, doesn't it that mean they buy off someone else? In this situation the other countries have to still buy off some one and isn't that likely to be from the available market including shuffling around of who buys where?
I am thinking this low has somewhere to go yet, but it's really becoming a buy soon at these prices because it's about how much cash LNG has to sit it out for another year or two ? Does anyone have an opinion about this?
LNG Price at posting:
28.5¢ Sentiment: Buy Disclosure: Held
