Seeing the scale of LNG imports that Europe will be embracing to offset the shortage in natural gas, existing FSRU facilities may grossly be insufficient to handle the volume resulting in feeding to nearest onshore regassification facilities from ports. This still would result in transporting LNG to those plants and increase demand for company’s products.
However, LNG’s application being so wide and robust in other places in the world, there may be new opportunities for increased storage and distribution methods deployed in European countries which will open up more avenues company’s products.
Looking at consistent price action in the stock over last 3 months, it seems market is reading more than what we all understand out of the developments happening in LNG market.
Without any sort of communication from the company management, these speculative price actions are only going to get worse.
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