Quite right Sparky there is a good margin there to cover LNG Ltd's fees at about $3 plus tanker delivery charges. Latest HH is US$2.62, which I guess is a low as it will get. Gas prices are anomalously low in USA because the gas is coproduced with the shale oil and that is what has driven the development of the emerging LNG export industry from the USA where LNG Ltd has two fully permitted projects ready to go. One would think that large long term buyers, such as overseas utilities, would be wanting to lock in these favourable circumstances now. Franky keeps us well informed with the building demand around the globe for LNG. I would be buying more LNG shares if I wasn't already maxed out.
LNG Price at posting:
40.5¢ Sentiment: Buy Disclosure: Held
