Post by
ac0001 on Mar 07, 2014 10:56am
LG export
As i pointed out on earlyer post, the exportation of LNG is a big factor for reaching higher floor price for NG. This is positive news for Gasfrac, and expect the SP to go higher in the coming months. The increase activity in the field, will translate in $$ for the stock.
Today, the US have past a bylaw that no longer limit the export of LNG to country that is not involved in a free trade agreement with the US. The aim of this change is to sale LNG to the country that is currently doing buisness with Russia. So the market is huge! Europe, Asia, India and CHINA!!!!!
This is a market changer.
https://finance.yahoo.com/blogs/breakout/take-that-putin--lawmakers-push-to-expand-natural-gas-exports-214356297.html
ac0001