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21/09/15
12:13
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Originally posted by sivart
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Ah. That's talking about Australian LNG projects which have oil linked prices. LNG's two main projects are in North America where prices are North American gas price linked. Moreover, LNG limited's model is tolling model. The company doesn't intend to sell LNG, instead it intends to toll treat gas into LNG for customers for a fee under long term (20 year) take or pay fixed + indexed price agreements. LNG limited is in a completely different world to the world of that article.
Note we do have a smaller Australian project, which may or may no happen. If it happens it'll be under a similar tolling model to the North American projects.
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Sivart,
I Haven't been on here for a while, i notice you are not holding anymore, cashed out?, If so are you looking to get back On, if so when?, whats you criteria?
Thanks