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Thursday, 30 November 2006 11:34

European stock picks highlight LNG

By John McKay

Investment bankers in Europe have tipped Russia’s Gazprom, Norway’s Statoil, France’s Total, and BP and BG Group of the UK as the best medium-term buys for stock market investors in the energy sector, citing their liquefied natural gas activities as a positive sign.

Shares in Gazprom, which is the premium pick of most brokers, have surged to records in the New Year as the Russian natural gas monopoly and future LNG heavy-hitter has forecast a 10 percent rise in annual profits to more than $6 billion.
Published in Jan 06
This is the first part in a two-part series covering credit rating analysis of LNG projects worldwide

LNG shipping projects associated with supply chains in countries such as Russia, Nigeria and Indonesia will find investment-grade ratings elusive

Terry A Pratt, New York , Jan Willem Plantagie, Frankfurt, Karim Nassif, London, Michael K Vernier New York


Financing for liquid natural gas shipping projects has the potential to reach investment-grade credit ratings.

The strong global demand for LNG attracts huge investment for construction and operation of LNG liquefaction plants, LNG ships and LNG regasification terminals.
Published in April 2006