08-06-2015, 11:47 PM
Wood Mc Kenzie is using signed LNG contracts not estimates for supply. The supply side drops off 50 percent based on those contracts. Arun is a great example 6 trains to ZERO trains. No more gas. Just look at slide 35. Now the demand side has risk for where it might go. Anyone who thinks LNG supply needs for the market will drop by 50% needs to look a little closer at why China is building 20 and more LNG regas terminals. What rational person thinks the middle class of China and India are going to drop 50 percent from here???
The reality is there will be all types of renewables as a larger percent of energy that's a given. BUT LNG needs are not going to drop 50%. No that's not reality . The low cast supplier can and will charge a premium to future partners and will have higher margins than others.
The reality is there will be all types of renewables as a larger percent of energy that's a given. BUT LNG needs are not going to drop 50%. No that's not reality . The low cast supplier can and will charge a premium to future partners and will have higher margins than others.