I agree with Fusco. LNG is not a commodity by any measure no matter how much some players want to hype the market. Its very buttoned down, no nonsense, no frills and nose to the grindstone business. Wanna trade? Stick with CDO’s.
Cheniere Energy CEO Jack Fusco offered a counterargument Thursday to market watchers who say long-term contracts may no longer be essential to finance new liquefaction terminals and that Beijing tariffs on US LNG are a threat to delivering cargoes to China.