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re: Panama Canal Expansion on Hold/DOE won't approve LNG exports
Posted on 1/3/14 at 10:02 am to GeauxxxTigers23
Posted on 1/3/14 at 10:02 am to GeauxxxTigers23
quote:
Is it possible that the energy companies are not putting 100% effort into completing them until they get approval for export?
I don't know...I've only followed Cheniere closely...I'm just not that concerned, yet. I was at a conference in the spring about NG prices and export was brought up and none of he speakers were concerned by the permitting and frankly didn't think exports would greatly effect pricing...I tend to disagree on the pricing side but I'm not overly concerned about the permitting at this point....I also don't believe that 30 export facilities are going to be built - even if all the permits are granted.
ETA: I think gas becomes a world commodity over the next 10 years and we are there at kickoff.
This post was edited on 1/3/14 at 10:10 am
Posted on 1/3/14 at 10:04 am to cwill
How about the Canal holdup? Seems like that has and could continue to effect export potential.
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