Why is everyone talking about the LNG price?
GLNG train one and two are commissioned already.
Gradually the leverage risk should reduce - they can pay off $1.5m per day at the present oil price which seems like a lot until you realise they have $4.3bn (all U.S.) dollars of debt so that would take 7 years.
Debt will solve itself as the $50 U.S "new normal" oil price fallacy is obliterated in the face of OPEC calling the tight oil executives bluff on it.
It's been an interesting ride that's for sure, hopefully the light at the end of the tunnel for long term holders is not just another train.
Japan’s spot LNG price keeps rising, page-5
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