Saturday, March 19, 2011

"Conoco Has Great LNG Access To Japan From Alaska" (COP)

They are racing the Gazprom gang.
From Forbes Great Speculations column:

Control valves are seen on the tanker pipeline...
Japan will need lots of LNG

Oil and gas companies like ConocoPhillips along with Exxon Mobil and Chevron will gain from increased demand for natural gas as prices have bounced following the recent earthquakes and tsunami in Japan. These earthquakes have caused disruptions in the country’s nuclear power plants, and 11 reactors have been shut leaving many without power. Nuclear power supplies about 30% of Japan’s electricity needs, and Japan is expected to turn to natural gas to fill the void. [1]