"Have to be brave to jump off the LNG LTD train while its full steam ahead!
Hi Jk, thanks for that, exceptional research on your part again, but excuse my confusion as 'The LNG Ltd Train' doesn't seem to be powering at "Full Steam" at all at the moment and why wouldn't people jump off, if what you say below is true?
The market environment is going to remain depressed for a long while to come as will the silence.
Add Depression + Silence = boredom and fatigue with shareholders, who imo will be looking to other stocks for growth or income from Div paying shares if nothing looks like happening for months if not years to come, as the can keeps getting kicked further and further down the long suffering proverbial road. Surely not many, if any can be expected to wait around for another year or two when as you say,
"Buyers are under no pressure to sign contracts, seemingly holding the power in terms of options; Buying cheaply on the spot market... Buying through portfolio traders like Shell, BP, Engie... or trying to negotiate lower prices, flexibility, shorter contractual terms through traditional sellers".
Not exactly what i would call positive conditions atm if that's the case one would assume ?
Also, i couldn't see this Petronet Sri Lankan deal mentioned in your post,
India’s largest LNG importer, Petronet said it would soon form a joint venture with Japanese and Sri Lankan companies to provide regassified natural gas to various power plants, domestic and transport sectors in Sri Lanka.
Then we have,
"Australia ? mt - Energy supplier AGL is proposing a floating gas terminal at Crib Point, Western Port (Victoria). The location can take advantage of the existing pipeline network and industrial port facility. The government issued a statement on August 9 2017 saying it "welcomed AGL's decision and is working closely with AGL to ensure approvals processes are streamlined to avoid unnecessary delays". Looking to begin construction in 2019 to come online by 2021."
Now wouldn't it be 'Magical' if one 'Vesey said to the other 'Vesey', guess what ?
You know that 'Rabbit' your looking for, well i think i found him hiding here in Victoria at Crib Point
Food for thought, Rabbit Stew cooked by AGL perhaps
Cheers
Frank
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