EWC 0.00% 1.0¢ energy world corporation ltd

I didnt get into EWC until 2010, so for sure I cant say anything...

  1. 31 Posts.
    I didnt get into EWC until 2010, so for sure I cant say anything more.

    I do not know whether much of it will finally be sold to domestic, or how much of it gets sold internationally. its not finalized yet.

    But all I know is spot price for LNG is about US$12 per mmbtu in indo and US$16-19 in Japan.

    It is possible that Indo gov would want to sell all their gas domestically to supply a cheaper source of energy. In the US, it is not possible(between ilegal to impossible to get the license to do that) to export Crude Oil produced in US soil. ( I was suprised to learn that 3 years ago)

    So it is not just Indo who may have national energy protection interest.

    But what I do know is that EWC's cost of LNG per mmbtu is around US$5. So the margin is high regardless.

    Of course I do wish most gets exported.

 
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