BUL blue energy limited

kogas buying into glng

  1. 1,944 Posts.
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    I noticed that Santos has annouced today that they are still in advanced discussions with KOGAS after continual media speculation that Kogas have agreed to buy 3.5 million tonnes pa and a 15% stake of GLNG.

    I reckon this will be a done deal sooner rather than later and i reckon it will be a good thing for BUL and ESG as STO has a large cut of ESG and KOGAS has a slice of BUL. With the reported gas shortage by the analysts for the second train, it would be logical that GLNG sources their gas from their partners....even better if they TO both companies.....at a premium of course.
 
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