Husky Energy Inc. cumulative redeemable preferred T.HSE.PR.B

RE:RE:RE:RE:I think Husky is a better company and prefer it to pivot out

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GoldOilInvestor Yes. China's demand for natgas will be strong for decades to come. Russia's Gazprom is positioning to be a major supplier via pipelines. NA west coast LNG export terminals (LNG Canada as well as PBA's planned Jordan Cove project) have a proximity advantage over US GulfofMexico based terminals. HSE's Asia projects are likewise ideally located to capture the China market. I'd be surpised if CVE-HSE decides to divest those assets.

>>>Gazprom is pushing ahead with plans to ramp up its gas exports to China, seemingly undeterred by the market chaos created by the Covid-19 pandemic and a near one-fifth slump in its profits. The Russian gas giant began pumping gas to China in December, after launching its 38bn m³/yr Power of Siberia (PoS) pipeline. Work continues at the Chayandinskoye field, where PoS sources its gas, in order to raise its production to a plateau rate of 25bn m³/yr, Gazprom reported in mid-April. The company expects to reach this target in 2022-23....The St. Petersburg-based company is also moving forward with a plan to build a second, larger pipeline to China via Mongolia, capable of flowing 50bn m³/yr. Russian President Vladimir Putin gave Gazprom CEO Alexei Miller the order to begin the project’s pre-investment phase, involving a feasibility study, designs and surveying work, during a meeting in late March. Setting current market conditions aside, Gazprom is bullish on China’s long-term import trajectory. This is perhaps unsurprising given recent projections by a Chinese NOC. CNPC forecast, in its 2050 outlook published in August, that the country’s gas demand would double from 304bn m³ in 2019 to 610bn m³ in 2035, rising to 690bn m³ by 2050. Domestic supply will lag behind substantially, rising from 173bn m³ in 2019 to 300bn m³ in 2035 and 350bn m³ in 2050.

https://www.petroleum-economist.com/articles/midstream-downstream/pipelines/2020/gazprom-chases-china-gas-expansion