TSX:HSE.PR.B - Post by User
Comment by
mrbbon Jul 15, 2020 1:25pm
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Post# 31271564
RE:RE:RE:HSE should pivot to Asia more...
RE:RE:RE:HSE should pivot to Asia more... canada was ahead of the LNG game and could have cashed in the LNG boom in asia but canada dithers, allowing US, Australia, indonesia, etc to grab the asia LNG market share. Petronas (Malaysia) acquired Progress Energy in 2012 just for establishing LNG source from canada but later gave up
https://www.newswire.ca/news-releases/petronas-to-acquire-progress-energy-510429971.html
then back out in 2017
https://www.ajot.com/news/petronas-deals-fresh-blow-as-world-exits-canadas-energy-patch
RagingBull3 wrote:
mrbb wrote:
I doubt china nor asian countries would sign such sweet deal again.
LNG from middle east, australia are the new competition to cap NG prices
Maybe not as good as this for new deals/projects, but you know they will pay much better than anything HSE can get here for the forseeable future.
Again, just my opinion, could be wrong..... but just looking at the numbers...$72.92 per BOE!