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Re: DewDiligence post# 20846

Thursday, 02/06/2020 8:25:55 PM

Thursday, February 06, 2020 8:25:55 PM

Post# of 30546
RDS and LNG - There will be even more going to Asia... KMI has a 20-30 year take-or-pay contract with RDS to supply LNG to RDS at Elba Island. There are a total of ten trains being built to liquify the gas, with two recently built and in production, the rest will be completed this year.

In the scheme of things I understand this isn’t really that big of a plant. Medium sized.

Wasn’t too long ago that the Ruskies put the screws to everyone restricting the availability of natty gas. Not any more..

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