Russia is Europes largest gas supplier and a large part of its exports goes through Ukraine. Europe should seek other alternatives to reduce its dependency on Russia, being the U.S. a viable alternative through LNG exports. Natural gas can be exported through a process converting it to liquefied natural gas. LNG is natural gas cooled to very low temperatures reducing considerably its volume, making it practical, from a physical and economic perspective, to transport gas over long distances. The two main ways of transporting gas over long distances are pipeline and LNG shipping. Stocks that have been benefited from Ukraines Crisis (27/02/2014 as benchmark): - #GLOG moved from $21.47 to $23.30 right now. (app 8.52%) bloomberg/quote/GLOG:US - #DLNG moved from $21.97 to $22.277 while peaked at $22.51. (app 1.39%) bloomberg/quote/DLNG:US - #GLNG might be the hottest stock, Golar LNG Ltd. rallied from $33.52 (lowest price intraday) and right now is being traded at %39.29. (app 17.21%) bloomberg/quote/GLNG:US
Posted on: Wed, 12 Mar 2014 17:06:25 +0000
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