InvestorsHub Logo
Followers 28
Posts 1139
Boards Moderated 0
Alias Born 02/08/2009

Re: Macod post# 8052

Tuesday, 10/08/2019 4:11:17 PM

Tuesday, October 08, 2019 4:11:17 PM

Post# of 41570
EXACTLY...this news is much more important than most understand.
This news confirms supply to the storage project. As stated in the release MRGE will pay a better price for the gas but then market this gas to Mexico for an additional premium. On a 42 inch line this revenue will be substantial. Also MRGE gets paid for every drop of gas that goes thru their line into the storage field, basically like a toll highway. From what I understand the $$$ involved for MRGE is nothing short of massive.
cheers