RE:RE:RE:RE:RE:RE:RE:RE:Raymond James. C$2.30 PT Biggest customer China not buying because Russia is their supplier by pipeline and Transmountian and terminals so far away from completion it's a complete joke. USA has built out USD$300 BN in LNG export infrastructure so desperate to dump it on global markets they are on the verge of militarizing the sale process. Qatar just ordered 60 LNG tankers. Only Canadians stupid or niave enough to believe we can compete with one or two mickey mouse terminals against Russians pipelines, American gangster sales approach, or middle easts aggressive push.
Nikm10 wrote: Youre dead on hugecrane.
I mean look at whats happening with LNG right meow, $39/GJ was one load sold by trafigura.... TCW is the first step in supplying that gas to those countries only 3 short years from now.
I work up north for a large O&G that owns a stake in the LNG plant they are building out west and we currently do not have the gas to fill both new plants we just built, our drilling program is about to ramp up significantly in the next 2 years, and I mean significantly. 700 million cubic feet in the next 4 years and heading to 2.4 bcf after that...
Do not be mistaken, the boom is coming whether people like firstworld want to admit it or not.