LNG 0.00% 4.3¢ liquefied natural gas limited

LNG macro analysis, page-28

  1. 5,620 Posts.
    lightbulb Created with Sketch. 3067
    I think these Deals were done pre POO hitting the proverbial Fan
    A Lot has changed Re: Long Term Contracts since 2014/15 unfortunately for us imo

    Dominion has fully subscribed the marketed capacity of the project with 20-year service agreements with ST Cove Point, a joint venture of Sumitomo Corporation, Tokyo Gas and GAIL Global (USA) LNG.

    Among other topics discussed, Modi and Obama have shaken hands on the construction of a new LNG plant that is to ship the chilled gas to India, according to the state-owned natural gas utility GAIL.

    “The wheels are already in motion as the final approval to build the east coast’s first ever LNG plant at the Cove Point site on the Chesapeake Bay has come through,” said the company.

    GAIL has already secured 40 percent of the capacity for 20 years and has also issued a tender inviting for time charter hiring of LNG vessels to transport LNG from the US to India.

    LNG World News Staff, October 1, 2014; Image: whitehouse.gov

    Leopold noted that the project underwent a comprehensive three-year regulatory review and approval process designed to ensure the project meets all safety, environmental and other requirements. Numerous federal, state and local agencies as well as thousands of private citizens participated in the process. More than 60 approvals and permits were required before construction could begin.

    https://www.lngworldnews.com/dominion-starts-construction-at-cove-point-lng-export-project/
 
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