Here is a link to a Fairfax article that is using Wood Mackenzie (WMc) analysis to draw the conclusion that some LNG facilities in Aust and the US may need to shut down due to prices being lower than operating costs. WMc is indicating that coal prices in Europe and Japan are the key determinants of the LNG price.
http://www.smh.com.au/business/energy/lng-prices-have-further-to-fall-amid-supply-glut-wood-mackenzie-20151030-gkmqhr.html
Implications for WPL? IMO, the following are implications for WPL
a) Browse will not proceed
b) Price could easily breach BB's $26 and stay lower for longer.
HT1
LNG prices under pressure
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add WDS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$27.25 |
Change
-0.030(0.11%) |
Mkt cap ! $51.74B | |||
| Open | High | Low | Value | Volume |
| $27.18 | $27.37 | $27.16 | $172.8M | 6.326M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1712 | $27.25 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $27.27 | 17599 | 3 |
View Market Depth
| Last trade - 16.10pm 20/06/2024 (20 minute delay) ? |
| WDS (ASX) Chart |