TSX:VSN.DB.B - Post by User
Post by
viTRifYon Jan 06, 2015 11:54am
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Post# 23289757
Brent Crude Oil Linked LNG Contracts
Brent Crude Oil Linked LNG Contracts
Veresen is competing with LNG projects in Australia where the LNG price is linked with Brent Crude Oil. If oil prices stay depressed, Japan et al will delay signing any long term commitments, which pushes the FID out beyond 2015.
There is also a good article at RBN that can be found here:
https://rbnenergy.com/spouse-of-the-rising-sun-no-lng-divorce-imminent-despite-it-all