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ICN 2.1¢

revolution begins

  1. locshare11

    800 Posts.
    In the LNG business, where Australia is an emerging world leader, the current situation is a body blow for rival developers overseas who have hopes for fast forwarding their projects. Their aspirations of sprinting past local developers to win shares of the still-growing Asian gas market are facing a reality check while Australian costs (for services and labour) now also face downward pressure. Things may be tight in the short-term for Australian projects but it’s not all bad over the long-term – and the next oil price bounce could be stronger than expected by doom sayers today if sufficient supply is taken off the market Australia clearly has the gas resources to underpin significant future development and global demand for LNG remains strong.
    The more I read about Australia Lng the more evidences that point to a very very positive future. Chevron is a master mind player and is No 2 in US. I don't think It has no gut to play Au shale gas out. As RBA said before the Aud scratched early September "everybody is printing money as it seems like everyone has short of cash" and "be patient "
    Can anybody show me any negative things about Australia Lng. Let's debate about it.

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