RE:RE:RE:Madden DetailsVarious costs:
Transportation to Cheniere
Liquefaction costs
Transportation from Cheniere to JKM through Panama canal.
Loss of gas during boat transport
Re-gasification costs
I will let you make your own research on those costs.
JKM averages vs HH averages vs AECO averages and x HH:
2024: $10.50 vs $2.50 vs $2.25 4.2x
2025: $10.90 vs $3.40 vs $3.25 3.2x
2026: $10.23 vs $3.75 vs $3.60 2.7x
JKM at 10x HH is a thing of the past. With all these LNG facilities at sea ports the gap between East Asian markets and North american markets has been closed.
Mr. Madden wants you to look in the rear view mirror.
Pick your own mirror to look at...