Re-Posting: Cheniere, Asia; Qatar Has Sold Its Entire Flexible Winter LNG Supply -- December 6, 2017 - Hallo friendsMY LIVE MY WAY, In the article you read this time with the title Re-Posting: Cheniere, Asia; Qatar Has Sold Its Entire Flexible Winter LNG Supply -- December 6, 2017, We have prepared this article for you to read and retrieve information therein. Hopefully the contents of postings Article my style, Article my way, Article New ways, Article their way, We write this you can understand. Alright, good read.

Title : Re-Posting: Cheniere, Asia; Qatar Has Sold Its Entire Flexible Winter LNG Supply -- December 6, 2017
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Re-Posting: Cheniere, Asia; Qatar Has Sold Its Entire Flexible Winter LNG Supply -- December 6, 2017

This is just one of the reasons I do not enjoy watching business shows on network television, particularly CNBC. [My latest stretch of not watching CNBC began last Thursday afternoon and continues). The show will spend all day (sometimes multiple days) talking about a single deal (like the Aetna - CVS story), talking about it ad nauseam and completely missing all the other incredible stories out there.

This was posted earlier. It's such an incredible story, on so many levels, I am re-posting it:

Cheniere boosts LNG tanker fleet amid Asian demand boom -- from Reuters via Rigzone, data points:

• expanded its shipping fleet with a flurry of spot vessel charters to keep up with Asian winter demand growth as spot prices hit three-year highs
• Cheniere's Sabine Pass terminal in Louisiana: 22 cargoes last month
• ramping up its fourth train
• more than half its shipments going to China, Japan, or South Korea
• can you say Panama Canal expansion (which the NY Times famously said the expansion was doomed to failure)
• < but get this: Qatar entirely sold out of flexible winter LNG supply following a frenetic period of deal-making with term buyers in China and South Korea
• Cheniere now has 22 ships on the water

It appears the world's largest exporter of LNG is no longer the swing producer; the swing producer/exporter for LNG is the US. 

This has been predicted for quite some time -- that the LNG market would get really, really tight. I did not expect it to happen so soon. Must be a cold, cold winter in Asia,

Making America great again -- with energy. 

http://ift.tt/2dZyQXu

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