Avance Gas is expected to post a strong third quarter result thanks to a strong VLGC market, Pareto Securities project.
In a note to clients, analyst Eirik Haavaldsen forecasts the Oslo-listed company will book earnings per share of $2.00 to the end of September, compared to $0.92 a year earlier.
Haavaldsen wrote: “Investors are saying there is no future for VLGCs beyond 2017, which is wrong.
