The split betwen cautios E&Ps and those betting on global price exposure is fascinating. EQT's argumnt about structural wide spreads makes sense given how much demand growth we could see from Asia over the next decade.
Do you see a LNG operator/exporter acquiring a natural gas E&P company in order to secure lower cost natural gas as compared to purchasing at a Henry Hub basis? It seems that would bridge two of your schools of thought scenarios. Thank you and I am enjoying your writing.
We've seen a few of those deals from Japanese buyers in the Haynesville--JERA buying GeoSouthern/Williams, Osaka buying Sabine, Tokyo Gas buying Rockcliff and then Chevron's assets. Aethon is the big one still out there, different scale than those others for sure.
The split betwen cautios E&Ps and those betting on global price exposure is fascinating. EQT's argumnt about structural wide spreads makes sense given how much demand growth we could see from Asia over the next decade.
Do you see a LNG operator/exporter acquiring a natural gas E&P company in order to secure lower cost natural gas as compared to purchasing at a Henry Hub basis? It seems that would bridge two of your schools of thought scenarios. Thank you and I am enjoying your writing.
We've seen a few of those deals from Japanese buyers in the Haynesville--JERA buying GeoSouthern/Williams, Osaka buying Sabine, Tokyo Gas buying Rockcliff and then Chevron's assets. Aethon is the big one still out there, different scale than those others for sure.
Thank you for your thoughts