The trade war put a general malaise on the industry for signing new deals. That, coupled with historically low prices, and people don’t feel much urgency to sign long-term deals,” Greg Vesey, chief executive of LNG Ltd, told Reuters at the BloombergNEF Summit in New York.
........ could it be us??? Maybe it’s us that’s not wanting to be locked in for 20 yrs at such low prices. Maybe are team knows we are a go but we are holding out for better prices /better deal or is that not how the game is played??
LNG Price at posting:
46.0¢ Sentiment: Hold Disclosure: Held