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Stock impact report

Pacific Energy in talks for LNG cargoes from US Gulf Coast projects [Yahoo! Finance]

NextDecade Corporation (NEXT) 
US:NASDAQ Investor Relations: next-decade.com/investors
Company Research Source: Yahoo! Finance
These discussions are focused on super-chilled gas from Tellurian's Driftwood LNG project in Louisiana and NextDecade's Rio Grande terminal in Texas. Pacific Energy, a unit of Singapore-based Royal Golden Eagle, is developing the Woodfibre LNG project in Canada, which aims to produce around 2.1 million tonnes of LNG annually, with storage capacity of 250,000m³ and necessary export facilities. Additionally, it has a presence in Canada's Montney Basin through Pacific Canbriam Energy, which specialises in liquids-rich natural gas production, and holds a 25% stake in the Jiangsu Rudong LNG terminal in China. A NextDecade representative said the company refrained from commenting “on rumors or speculation”, and Tellurian did not respond to requests seeking comments. For Pacific Energy, spokesperson John Morgan said: “We do not comment upon market speculation,” the publication said. The first phase of NextDecade's Rio Grande LNG project is currently under construction near Brownsvil Show less Read more
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