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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?


To: robert b furman who wrote (198179)3/7/2018 3:11:33 PM
From: Elroy Jetson  Read Replies (1) | Respond to of 206214
 
What I'm interested in seeing is where Cove Point manages to find customers.

They've vaguely referred to selling their LNG "in Asia" where their transport costs from the east coast put them at a disadvantage.

Their gas is too costly for Europe outside of the portion of Portugal without good pipeline connections and they can try to sell to Egypt by undercutting the Middle East. A few potential customers in Latin America.

It will be interesting. A tough 5 to 10 years.