atans1

Why PM needs a billionaire in his cabinet

In Energy on 23/05/2017 at 1:06 pm

When a billionaire is US Commerce Sec, there’s out of the box thinking

Commerce Secretary Wilbur Ross suggested the White House would aim to boost LNG exports not just to China, but other nations with whom the United States posts a trade deficit, including Japan, the world’s top LNG importer.

http://www.cnbc.com/2017/05/19/trump-just-gave-china-a-sledgehammer-to-smash-the-lng-monopoly.html

Interesting tot.

Time for PM to appoint a billionaire to his cabinet (Kee Chui Peter Lim?). At the very least it’ll save tax-payers a million dollars or so a yr in ministerial salary.

 

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  1. Talk of US export of refined crude products & LNG has been simmering since 2011 & operating in fits & starts. Main obstacles had been ’73 laws against export of crude products, environmental laws, need to build expensive export terminals, and lack of push by govt. Have been eyeing at investible companies/infrastructure for years, but so far mostly geared towards domestic, Canada & Mexico, not export to the lucrative Asian & European markets.

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