Sometimes I wonder how they are going to make a profit at selling LNG, seems the USA is always late to this type of market because of regulations. If there is a market and I don’t doubt that there is seems the margins will be mighty thin.
Europe and Asia still need Nat Gas at a price that pays for liquification, transport and vaporization.
Still a profit, just a lower profit from 2 years ago.
The LNG infrastructure can’t change overnight. So some areas are locked into buying LNG because it’s what they need and the price hasn’t move drastically for them.
I think in Europe, they pay a great deal more than America for Thiers and they need it to heat and cook with in many houses.