I wrote land on, like a landmark, It must be qec finished on 1.20, but in denmark we can say land on:) I dont see the NG price much lower, but if anybody tades NG I think a stop-loss on 3,36(very tight) will be ok and then a reentry. More powerplants should use NG now and low price is also good for chemical industry(I think like Potash). We get inventory tomorrow, maybe it will be lower for 3.d week.
I read that Exon can import LNG from qatar at 2$. They will do this because of the carbon tax. Ofcause Exon dont want a low NG price, they want to be big(gest).
Hey guys, I just found this(maybe you know):
Kitimat LNG Import Terminal, Canada:
A direct connection to Spectra Energy’s Westcoast Pipeline system via Pacific Trail Pipelines’ Kitimat-Summit Lake Loop takes natural gas from the Western Canadian Sedimentary basin to the Kitimat LNG Terminal.
Added, with 57 Tcf of proven natural gas reserves in Canada, major international and Canadian producers have announced significant resource potential in the Horn River Basin and Montney areas of British Columbia and Alberta. With combined recoverable natural gas reserves of 70 Tcf, the resource potential of these two basins is expected to be more than the Canada’s natural gas resources.
http://www.hydrocarbons-technology.com/projects/kitimatlng/