Chevron Wants LNG Export Help. Who's In?
As the race to export liquefied natural gas, or LNG, from North America heats up, Chevron may be looking to see who else wants to join in. The company recently hinted on its most recent conference call that it might bring in another partner for its Kitimat LNG joint venture with Apache . Costs for these facilities all around the world seem to be going up, so having a third party to bear the brunt of these costs cold be very helpful for Chevron as it looks to make a final investment decision on the facility.
If it does decide to bring in a third party to help out with this facility. That company will need to meet certain criteria, and the list is probably not that long. Tune into the video below where Fool.com contributor Tyler Crowe takes a look at what Chevron will probably be looking for, and points out a couple companies that fit the bill.
The LNG space is likely to be incredibly competitive, and several companies could be at risk if their plans don't turn out as they hoped. Don't let your portfolio run these kinds of risks. Instead, look to invest in companies that are poised to profit no matter the outcome in the energy space. Our analysts have unearthed one behind the scenes energy giant that fits that bill, and we would like to share it with out in our special report: "The Only Energy Stock You'll Ever Need." Simply click here to get free access to this valuable report.
The article Chevron Wants LNG Export Help. Who's In? originally appeared on Fool.com.Fool contributor Tyler Crowe has no position in any stocks mentioned. You can follow him at Fool.com under the handle TMFDirtyBird, on Google +, or on Twitter, @TylerCroweFool. The Motley Fool recommends Chevron. The Motley Fool owns shares of Apache. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.