LNG cash flow underestimated: Morgan Stanley

MORGAN Stanley reportedly believes the ExxonMobil-led PNG LNG project will expand by launching a third train in 2015 while the three Queensland-based LNG projects are all undervalued by investors.

LNG cash flow underestimated: Morgan Stanley LNG cash flow underestimated: Morgan Stanley LNG cash flow underestimated: Morgan Stanley LNG cash flow underestimated: Morgan Stanley LNG cash flow underestimated: Morgan Stanley

"Oil Search's PNG LNG project is also tipped to launch its third train of LNG production in 2015, and Morgan Stanley believes this will bring about a substantial jump in its annual production to 80-90

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