their cashflow will be slow to respond to a rally, due to rolling hedges 8 quarters out. want to like the LNG story as well, but EU gas has me worried. what will happen when new US and Qatar production come online, about doubling capacity between now and 2027?
Yes and by 2027 it’s even possible Russia NGas is flowing to Europe on NS1 and 2, would definitely crater LNG…. Margins would drop on LNG although total NGas demand should still increase from the Gulf.
their cashflow will be slow to respond to a rally, due to rolling hedges 8 quarters out. want to like the LNG story as well, but EU gas has me worried. what will happen when new US and Qatar production come online, about doubling capacity between now and 2027?
Yes and by 2027 it’s even possible Russia NGas is flowing to Europe on NS1 and 2, would definitely crater LNG…. Margins would drop on LNG although total NGas demand should still increase from the Gulf.