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Re: LNG Cancellations on projects- MoodysI do recognize your points , however my own view is only focused on this year 2015. And for the price of NG in 2015 my view is that price will likely be under pressure; as the supply can over supply the demand . My issue with the spot prices are as to how the relate to some longer term hedges that well positioned players have outstanding. with spot at 2.75...many big players are contracted from hedges to supply NG at 4.25 through 2017.............just saying they are not gonna stop flowing. supply. So the little guys without longterm hedges are stuck with the left over spot. Best Rgds. IMHO |
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