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Re: Milner post# 762

Tuesday, 06/17/2008 3:51:46 PM

Tuesday, June 17, 2008 3:51:46 PM

Post# of 1210
Thanks Milner. I found the WSJ article. The situation is tense, and therefore Europe is building LNG terminals to ship the gas. Middle East and Asia are also investing in LNG, especially Japan. They build the terminals and order LNG carriers. Dubai has ordered 40 vessels, so it will become big business.

As to Golar, I am confident with it. LNG is just coming, and it will take time before LNG shipping will grow substantially, it is in it's infancy yet.


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