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Re: None

Tuesday, 12/29/2020 11:08:18 AM

Tuesday, December 29, 2020 11:08:18 AM

Post# of 51581
Not sure what everyone is planning when this RM happens, whether take profits and run (nothing wrong with that), sell some keep the rest etc. Personally my plan is the second. When I went out searching there are 3-4 offshore projects (maybe more) already in the works with more planned like Delfin. Depends where you go but there is 22 projected FLNG vessels by 2022. Thinking out loud Delfin is starting with one FLNG then adding from there. So you fill a FLNG take it to China or wherever and wait until it gets back. All that time your facilities are lying dormant. I wonder if Delfins ultimate plans (if FLNG technology takes off) is to also fill other companies vessels. They have unlimited supply to natural gas, pay spot prices for gas, upcharge their fee and send ships on there way. This way their facilities can be at or near capacity. Any thoughts?