Don’t Freeze LNG out of your Portfolio
After Petronas et al rolled a frag grenade under the massive LNG Project in 2017 due to low prices, all is forgiven and earlier this month the group decided that a lot of LNG will flow out of Kitimat BC by the middle of the 2020’s. As massive as this project is, it is likely only the first in a dozen megaprojects well into mid-century. The main players; Royal Dutch Shell, Mitsubishi Corp., the Malaysian-owned Petronas, PetroChina Co. and Korean Gas Corp, have agreed to the $40-billion ... Click here to view full article