If the project doesn't go ahead the lower price will be zero.So...

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jwhiteman

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24/02/20

14:17

Post #: 43114118
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Originally posted by Takings: ↑

I’m convinced.

“Foreign buyers committed to long-term purchase agreements of U.S. LNG are paying almost twice as much as buyers taking cargoes from the spot market. In essence, they are potentially losing $14 million to $17 million per cargo on some contracted shipments, said Dumitru Dediu, a partner at consulting firm McKinsey & Company. Like others, he believes the majority of export terminals proposed in the U.S. will never be built.

“We’re talking about 30 or so projects, and I think only two or three—at most, four—are likely to go ahead,” Mr. Dediu said.””

https://www.wsj.com/articles/natural-gas-exporters-struggle-to-lock-up-buyers-despite-freedom-gas-pitch-11582470018I’ll re enter again at a lower price

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If the project doesn't go ahead the lower price will be zero.

So much for the turnaround you have been spruiking non stop for 2 weeks.

LNG Price at posting: 12.5¢ Sentiment: None Disclosure: Not Held
2 Upvote

0 Great analysis

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If the project doesn't go ahead the lower price will be zero.So...

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