Macquarie Executive Expects Freeport LNG Export Project to Increase Bank’s Gas Trading Opportunities
Posted on Jun 15, 2011 in LNG Exports, Markets and Competition | Comments Off on Macquarie Executive Expects Freeport LNG Export Project to Increase Bank’s Gas Trading Opportunities
Nicholas O’Kane, the global head of the energy markets division for Macquarie Bank, told Reuters this week that he expects the Freeport LNG export project to increase natural gas trading opportunities in North America for Macquarie. O’Kane went on to note that he does not expect North American gas exports to significantly raise prices for natural gas in the United States, specifically highlighting the advantages for Freeport LNG and its proximity to the Eagle Ford shale gas play.