LNBG Studies Another NA Project - Bloomberg, page-14

The best thing about being an investor in LNG is that we have a stake in a company that operates in North America. The USA and Canada are countries where governments look at reasons why something should happen.  Australia on the other hand has become the 'Can't Do' nation:

http://www.dailytelegraph.com.au/ne...069624996?nk=d96707225ff577ff773a4274a4fe96d8

Don't get me wrong, we should not be handing blank cheques to developers and miners, but to turn the whole of Australia into a national park does not make sense either.  They tried that in Tasmania.

In any case, one only needs to look at the FERC processes that Magnolia is involved in to realise that in the US they do want progress but still have processes in place to identify and control environmental risks.

Go LNG!