Production from Cameron LNG trains delayed to 2020, McDermott says [Seeking Alpha]
MCDERMOTT INTL (MDR)
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Source: Seeking Alpha
Production from Cameron LNG trains delayed to 2020, McDermott says - McDermott International, Inc. (NYSE:MDR) | Seeking Alpha Energy Production from Cameron LNG trains delayed to 2020, McDermott says Apr. 30, 2019 11:58 AM ET | McDermott International, Inc. (MDR) Carl Surran McDermott ( -7.5% SRE +0.7% expected in 2020 LNG startup from trains 2 and 3 at Cameron is now set for Q1 2020 2020 and Q2 2020, respectively, MDR CFO Stuart Spence said on yesterday's earnings conference call SRE said as recently as February that it hoped to have all three trains at the Louisiana facility operational by the end of this year. Production from Train 1 is expected to begin within weeks, and eventually the terminal will be ready to ship cargoes. Click to subscribe to real-time analytics on MDR Now read: CNX Resources dip ~11% on Q1 earnings miss and lower 2019 EBITDAX guidance » Subscribe
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