what do the people in the know know??, page-9

SF

I tend to agree that the GLNG environmental approval was a catalyst for part of today's rise (given they have 3 traisn approved and only enough gas for 1 train). I suspect also that we had somewhat of a perfect storm today for ESG .. the STO approval, shorters covering due in part to the a backflip on the RSPT looking likely and resources generally rising, and then the big rise on the DOW and worries about Europe being helped by China's committment to invest.

Let's hope it continues next week and that the logics of there being a customer close to signing for gas (and the Hitachi announcement indicating this) proves correct.

H