gas prices tipped to soar!, page-16

Hi Sath,

This stampede to construct LNG capacity may be hitting somewhat of a Wall - accoring to the :-

AlaskaDispatch - News and voices from the Last Frontier

http://www.alaskadispatch.com/article/lng-industry-hurt-global-competition-overestimated-demand

"LNG industry hurt by global competition, overestimated demand"

"The stampede to open or expand liquefaction plants involved 23 LNG plants around the world, with 16 of them located in Asia or Australia."

When and Where does a Stampede end ?

Rationalisation brings it to a halt

Consolidation

Shell will want to eat up bigger I would say instead of just gobbling BOW

Eat BOW then what next ?

Shell would want big scale so BOW is just a tidbit on the way to a bigger feast


Cheers