I have just read this:

http://www.rigzone.com/news/article....

maybe it can be of interest. The part were they write that hedgefunds place money in pipelines I find this possitive for gas, like saying they believe this to be good, long term or at least a couble of years. To me it looks like there's a big gasplay going on, us can transport liquid(LNG) to china(think I read they have found out europe dont do it and they can get a very good price if they do, so gas is far from being a loosing thing), pipelines are being made alot of places. Petrobras is just one big company making new pipelines. Ok this has nothing to do with how much QEC can or will go down, only longer term gasplays.