Dr Fereidun Fesharaki just won’t leave Australia alone, via the AFR:
“Somebody has to lose a lot of money – there is no escape from it – the question is how do you divide the losses,” said Dr Fesharaki, a former energy adviser to the prime minister of Iran who is known to have close links with LNG buyers.
The bleak outlook is based on expectations of a prolonged glut in LNG, exacerbated by significant volumes of contracted output that have yet to be sold to end-users of gas.