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The gas - particularly LNG - industry is most in need of a coherent global market structure and best placed for its introduction, because it's relatively undeveloped in structure, and three or four countries have the market sewn up, who are already talking to each other.

It wouldn't be as difficult as you think to introduce a different financial structure to the one you are used to.

Particularly when the outcomes of the model I advocate are so compelling for end users, who are currently being fucked thrice over:

  • directly by oil market intermediaries in respect of their oil;

  • indirectly for gas priced against oil;

  • by financial intermediaries and the whole consultancy/ legal/ accountancy circus that feeds off  them in respect of complex and costly structured gas market financial infrastructure.


"The future is already here -- it's just not very evenly distributed" William Gibson
by ChrisCook (cojockathotmaildotcom) on Wed Nov 28th, 2007 at 05:45:40 PM EST
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