STTCOMP LNG, FA LONG Liquified Natural Gas Limited MC: $377m SP:...

  1. 3,809 Posts.
    lightbulb Created with Sketch. 10
    STTCOMP LNG, FA LONG

    Liquified Natural Gas Limited



    MC: $377m
    SP: 0.70
    SOI: 504m


    LNG has taken a battering but this morning BG Group has announced it has  approval to go ahead with it's world's biggest LNG production and export facility at Lake Charles.

    It's announcement describes it will be using "auto deriviative turbines" with the selective catalytic reduction technology for cleaner, more cost efficient production. I'm pretty sure the only "auto deriviative turbines" technology is that patented under LNGL's OSMR Optimised Single Mix Refrigerant technology which mean licensing royalties to LNG.

    Royal Dutch Shell are in the process of acquiring BG Group making them the world's largest LNG producer which means LNG having them as a client for their OSMR is actually fulfilling the largest single contract able to be made.

 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.