Not true ignorant clown LNG has been cashng in on import contracts with Total and one other company (chevron???) for years, importing nat gas whichi no one wants in order to honor its import contracts In fact part of Total's deal with LNG for export had the kicker that it could get out of its import contract.
I know you have no comprehension given all your posting drivel but its sure would be nice if you could get basic facts correct. But then you are comprehension challengted and keep proving it.
If LNG was such a bad company, whyi not sell and leave. Why keep bashing and showing your ignorance as the ppos keeps going up. But then you are comprehension challenged.
Bet its even more of a lead with no other LNG plant in the USA even starting -construction yet, probably at last 3 years or more before exporting and other foreign plants in Indonesia and Australia being delayed and Europe even more needy for gas to end its dependence on Russia. Not couinting the potential increase in demand and need if nat gas becomes more popular as a vechice fuel as I advocate. Reason whiy lng is recovering so quicklyi from the correction which sure provided a great buying opportunity.
And yiou have your idiot gary I have mine Bosie over in the 3d boards were i'm also heavily invested as I like that story, especially 3d as a mfg source as much as I like lng story as well. THe carriers are as interesting as well as that lng has to be shipped to market. Is it true that the marketing arm of LNG has already contracted for the shipping with Glog or is it another carrier????
True and don't forget that's been proved. For the past years, poor total and was it chevon or another company (there are 2) have been honoring their import contracts with sabine even though no one wants or needs that imported LNG. Some companies and posters have integrity and others do not. And with Sabine now clearing all hurdles, that will soon begin construction as well. Have trains 5 and 6 or is it 7 and 8 been approved for Sabine??.
Bottom line, once shipments begin circa this time next year, we will be doubling it with a new train becoming on line about every 9 months. I like the outlook and have been adding at 20 dollars or more less pps.
I don't need legal experience to know the countrys that have a contract with LNG want their gas and have no intention of not buying it, cause they need it. as usual you make an #$%$ of your self instead of having a reasonable conversation about LNG. Nothing wrong with you been on the otherside, just stop with the lies cause everyone knows when you lie and it gets you know where. your not going to change the minds of investors who are long with lies. this is why I call you a FOOL , because you are getting nowhere
well gary maybe the contracts would not be worth anything in countrys like north korea or cuba, but CHENIERE has contracts with countrys that need the gas and are mostly ethical and I think we can say they want the gas as it will be cheaper to buy from the USA than other countrys
pdb3838, I have been bullish on LNG since I found it at $20 after reading it will be first mover ahead of anyone in the USA with a 2 year head start. people who don't know this or forgot it will find out how big this catylist will be when export starts in less than 12 months quoted by souki the CEO. I also agree with you on your post 100% and thank you for its contribution. it is a blessing to read instead of fighting with that nut GARY, which I am guilty of. I hope others read your post and come back to the board with meaningfull info or discussion.
I've been bullish on LNG for a long time. Some here keep talking about prices and opining that it will hurt LNG.
First, most of LNG"s production is already under contract with a guaranteed profit based on HH prices so who cares as long as the price does not go down so far that the HH plus kicker wonk't pay for the fixed costs of sabine.
Second and more important, the decrease in oil is causing oil companies to reduce projects aborad, especially LNG which Chevron amongst others just did. Thhis means that while global demand is expected to continue to increase, especially in Europe to avoid Russian dependence and Asia with the anti nuke move, the supply will be constrained. A lot of the Austrailain and other competition expected will not be on line for several more years leaving the field to LNG only from the USA with the cheapest gas and reduced number of foreign suppliers. Anyojbe think this will not help LNG in the future.
I'm bullish and have added during this downturn, saving 20 bucks ppps. GLTA longs.
Ok Bookmark you are right and I am laughing when I type this don't have any money never made a dime trading stocks I owe all my money to hard work NOT.
Did not deny anything just doubled down when it hit 60 why do you even care let me know why you think I have to post every trade I make.
The one thing that is always true with you Bookmark you continue to get it wrong.