An Australian LNG ship is carrying liquefied gas. Source: Reuters
DÜSSELDORF. The market for LNG (liquefied natural gas) increases the time like no other in the energy sector. It will be cooled in the producing countries, the natural gas in special installations so down that it becomes liquid and then with special tankers to Europe, Asia or the U.S. can be shipped. In the target areas, it is then processed and fed into the gas networks. While gas was formerly transported by pipelines, allowing LNG a global trade. For the German energy group Eon and RWE, which invest both had billions in LNGProjekte It offers the opportunity to develop alternatives to traditional gas supply from Russia.
India, and China as the world’s largest exporter of LNG buyers Qatar. Although the situation because of the current low world market prices for gas for the emirate’s difficult to see the country but a series of potent customers. It is set to no region. India is a major customer for the LNG, Qatar also provides for the China business with great potential. Goldman Sachs has developed in early 2007 with the Standard & Poor’s Comergix LNG equity for investors, thereby creating an access to that market.
The index tracks 28 major companies with the entire value chain of the global LNG industry – from construction and operation of tankers on trade, to the operation of the liquefaction and vaporization. From Germany to Linde AG, the corresponding liquefaction plant is built, represented in the index. This is reviewed once a year and adjusted if necessary. The U.S. investment bank has taken the time four LNG certificates on the market.
For the three bonus certificates were issued after demende the term no longer substitutes. What remains is an index certificate (WKN: GS34W6), which refers to the Performance Index. Net dividends are reinvested here also. For the index product is a management fee of 0.82 percent, which can be increased to a maximum of one percent. The LNG Index has – albeit at a fairly high variability – far outperformed benchmark indices such as the Euro Stoxx or the MSCI World.
Tags: liquefied natural gas, goldman sachs, target areas, gas networks, linde ag
