John Sims
58:00 - 58:43
"The biggest difference between no project and Phase 1 is really the volatility that you'll see on the LNG import market. So, you know, you can look at JKM futures and get sort of an indication as to what the market thinks they may be. But the reality is, when you look at those futures versus what they actually were, there's an enormous amount of volatility that happens on the LNG market"
“The biggest difference between no project and Phase 1 is really the volatility that you'll see on the LNG import market. So, you know, you can look at JKM futures and get sort of an indication as to what the market thinks they may be. But the reality is, when you look at those futures versus what they actually were, there's an enormous amount of volatility that happens on the LNG market”
- Speaker
- John Sims
- Timestamp
- 58:00 – 58:43
- Community
- Alaska News
- Location
- Alaska
- Captured at
- June 9, 2026
From the transcript
But the The biggest difference between no project and Phase 1 is really the volatility that you'll see on the LNG import market. So, you know, you can look at JKM futures and get sort of an indication as to what the market thinks they may be. But the reality is, when you look at those futures versus what they actually were, there's an enormous amount of volatility that happens on the LNG market, and that's kind of what Brett was speaking to. What's nice about the Phase 1 project is it's, it's fixed, uh, and it's also capped. So there was a project overrun cost on there.
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