Methanex not lifting gas supply expectations from Trinidad on Juniper
Sunday, April 30 2017 @ 04:43 PM AST
Contributed by: DeoBhagan
During the Q&A of the call, analyst Daniel Jester of Citi posed a question: "I just wanted to ask about Trinidad. It seem like the Juniper project is making some progress. I know you haven't changed your kind of outlook officially for Trinidad. But as you think about the risk, is there a risk that Trinidad gas availability starts to improve into 2018 from what you see today?"
Floren responded: "I think we're comfortable with the guidance we provided at 85%. There are some interesting activities happening in Trinidad. They're probably a bit over due and probably just replaced a client at this time. So I think from my perspective, until we see something more significant to the end of the decade, 85% is probably a fairly good guidance. And if we didn't see these activities, maybe we'd have to revise that guidance downward. So I'm happy with 85%."