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

To: research1234 who wrote (198186)	3/8/2018 2:29:30 PM
From: Elroy Jetson	Read Replies (2) \| Respond to of 206223

It's impossible for Dominion's Cove Point LNG terminal to make more money importing LNG at Cove Point while they continue to export LNG from Cove Point. Turning inexpensive natural gas into LNG is quite costly making LNG far more costly than natural gas delivered by pipeline. Any facility which receives LNG and converts it to natural gas, while also converting natural gas to LNG, is managed by the criminally insane. Let's say Dominion or some other company got themselves into a devastating contract requiring them to buy costly or cheap imported LNG. In this hypothetical situation it would be far more profitable to ask Shell, or some other carrier bring the LNG, to sell these cargoes elsewhere to countries short on natural gas supply from pipelines. If this situation existed, Dominion could simply shut-down Cove Point and make more money selling their LNG imports as exports - before they even arrive. You're smart enough to have figured this out.