Here is another reason why MLNG's is in a good place given increasing concerns about the collective impact of export projects.
https://www.franken.senate.gov/files/letter/160922LNGExportsLetter.pdf
For those more early stage projects, good luck: it's 2+ years of hard slog and will remain so regardless of who is POTUS (with GV unconcerned on the industry impact whomever it may be).
As to earlier comments, GV mentioned there are 2 parties who keep in touch with LNG suggesting they are very serious - but don't wish to be the first to sign BTAs.
And as we all know, it is these that are the pacing items which will drive FID & FC. Non-FTA widens the pool of counterparties and GV is on record as stating he will broadcast that far and wide. You bet he will!
The share price says it ain't going to happen.
Yet if/ when LNG pulls it off, the share price will rocket.
Meantime, the U.K. or more specifically Scotland has just imported its first cargo of shale gas from Marcellus and Petronas' Pacific NorthWest project has just been approved in BC.
MLNG's time is coming ...
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