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Classic Bonk Rubbish
#1
Classic Bonk rubbish. What a joke. 'New big risk factor' is JP does not need IOC LNG??


http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_I/threadview?m=tm&bn=26290&tid=353927&mid=353927&tof=33&frt=2


"Basic conclusion of this extremely comprehensive study from Oxford, with report co-author Akira Miyamoto of Osaka gas, is that many estimates of LNG demand in Japan are "excessive".

That is first rate, highly honed and polished Classic Bonk rubbish spread with bias and not properly set straight. Another reason why I've kept Bonkie as my token basher.

Rubbish Bonk. Laughable too. To imply Japan does not have an insatiable appetite for LNG is pure rubbish. Yes, the facts are friendly. As you know, or should have known, it is not about increasing LNG demand it is about supplying new sources of LNG for the expiring contracts from dwindling fields which are now decades old. Japan now scours worldwide for LNG and is increasing the hunt now to include stakes in liquefaction projects. Since Japan has excess LNG storage capacity it will be no problem for them to store and re-sell to needy Asian neighbors.

Let's set the JP energy scene straight. This is old info though, last updated June 4, 2012. Sizing up of the JP energy scene. Full of facts, facts that justify why JP is all over PRL15.

http://www.eia.gov/countries/cab.cfm?fips=JA

..."Many of Japan's existing LNG contracts date from the 1970s and 1980s, and are set to expire over the next decade forcing Japan to renegotiate term contracts or locate shorter term supply. Some industry analysts suggest that this is driving Japanese firms' interest in acquiring equity stakes in foreign liquefaction projects, in an effort to guarantee future supply."...

Of interest is the LNG Import section. It doesn't matter if nukes are re-fired because JP's existing LNG supplies are shrinking.

What's next?? IOC only has 30Ts nattie and Asia needs much more than that??

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Messages In This Thread
[No subject] - by Tree - 06-18-2012, 02:56 AM
[No subject] - by jft310 - 06-18-2012, 03:52 AM
[No subject] - by bertl05 - 06-18-2012, 04:22 AM
[No subject] - by Palm - 06-18-2012, 08:19 AM
[No subject] - by admin - 06-18-2012, 10:15 AM
[No subject] - by jft310 - 06-18-2012, 04:31 PM
[No subject] - by admin - 06-18-2012, 08:44 PM
[No subject] - by Tree - 06-19-2012, 04:04 AM
[No subject] - by jft310 - 06-19-2012, 05:35 AM
[No subject] - by Tree - 06-19-2012, 05:38 AM

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