HZN 0.00% 18.0¢ horizon oil limited

Indonesia is the "perfect" LT partner,on paper at least. They...

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    Indonesia is the "perfect" LT partner,on paper at least.
    They want to industrialise their country,without question.
    They wont want to compete with JapanKorea or China for large cargoes of LNG.
    They will LOVE having a local supplier of such a vital factory raw material.
    They will want limited (small) cargoes at regular intervals on the one hand,or alternatively a "quick delivery by... such and such a date or our factory is going to run out of LNG ..."
    From WLNGs perspective they want to start delivery0f their product as soon as possible after the truck (tanker) leaves the yard(Daru).
    Wlng should be as much in love with the prospect of supplying Indonesia as the latter is in having such a vital factory component close at hand.
    A marriage made in heaven. Win win win for both parties.
    From WLNGs perspective not being able to compete on price with the megatankers in Asian markets (ignoring the extra distances the megatankers will be travelling) and probably not able to get enough product together to fill a megatanker (!) means WLNG should be very,very keen on small cargoes to near-at-hand customers.
    Lenders to WLNG will probably want/insist that a high % of output is contracted to close-to-factorybuyers if such a buyer/s can be found.
 
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