LNG liquefied natural gas limited

MLNG responds to FERC Info Requests, page-8

  1. 2,871 Posts.
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    I know this wont be popular, but I would have to say that the chances of FID by year end are close to zero.

    LNG has pretty much said so.

    1. GVs approach is to emphasise to customers that they should plan for the end of the glut in 2022/3. Given a 44 month construction this does not require signing up this year.

    2. One of the top brass in the US said it was unlikely that it would close this year.

    However, we have a good chance of extending current agreements as I understand they are still wanted by all parties.

    Also we need to get to 6mtpa sold for the economics to work well.
    Last edited by mwilson25: 28/09/16
 
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