BUL blue energy limited
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Excerpt from the Santos release this morning regarding GLNG....

  1. -VB
    13 Posts.
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    15/08/16
    11:04
    Post #: 18517870
    Excerpt from the Santos release this morning regarding GLNG.

    "During the course of 2016 there has been a slower ramp up of GLNG equity gas production and an increase in the price of third party gas. This has caused Santos to adjust its upstream gas supply and third party gas pricing assumptions for GLNG"

    A net positive for Blue because:
    1) Santos are short equity gas and need more
    2) Third party gas is becoming more expensive

    Suspect other LNG trains will be in a similar situation...
    BUL Price at posting: 2.8¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 8  Upvote
    lightbulb Created with Sketch.  Great analysis
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