What WCL's negotiations will tell you about gas prices

Livewire Exclusive

Livewire Markets

What WCL's negotiations will tell you about gas prices. LNG projects in PNG and Gladstone are progressing on time and within budgets. The PNG project is 90% complete and the Gladstone project is over 65% complete. With LNG exports coming on line gas prices are expected to increase from 2015. One way to play this thematic is through companies that have uncontracted gas reserves that can be tied to the East Coast market. Westside Corporation (WCL) has existing sales contracts that roll off in 2015 and The Company is as actively seeking new agreements. The outcome will provide visibility on Westside's future earnings as well as giving insight into gas prices at a time when demand is set to increase. Livewire spoke with Morgan's analyst Krista Walter about the prospects for Westside, watch the full interview

&feature=share&list=TLBNHpAyXUqmKBByGo1-EGcZSFQCMfKvBa

Livewire Exclusive
Livewire Markets

Livewire Exclusive brings you exclusive content from a wide range of leading fund managers and investment professionals.

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.

Comments

Sign In or Join Free to comment