$PEAK - So just who is going to pay for Coastal Gaslink cost increases?-Naam - $PEAK - InvestorVillage


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Msg  62369 of 63747  at  2/2/2023 10:49:23 AM  by

navajojoe


 In response to msg 62366 by  Naamkat
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Re: So just who is going to pay for Coastal Gaslink cost increases?-Naam

I agree that doubling the output of the LNG Canada terminal is likely a done deal, as it would make both Coastal Gaslink and the liquifacton plant much more efficient on a financial basis.

What I am not so certain about is the long term price of LNG on the world market. There is no shortage of nat gas on the planet, and contries with large reserves will continue to add liquifaction capacity. And Russian gas will find its way back on the market eventually. So I am not going to make any predictions, or investments, based on today's LNG pricing. JMO

Still a gas bull, but not a rampaging one.


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Msg # Subject Author Recs Date Posted
62370 Re: So just who is going to pay for Coastal Gaslink cost increases?-Naam Naamkat 7 2/2/2023 12:15:16 PM




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