total of A$106 billion on building terminals to export liquefied natural gas through to 2012. (US$1=A$1.03). While cost increases and political issues have hit the LNG industry and will impact near term investment, Douglas Westwood predicts that overall capital expenditure (capex) is set to reach new highs over the 2008-2012 period. In its report,…
MARKETS: Analyst predicts industry to invest A$106 billion in LNG export terminals
Posted on August 4, 2008 by EnergyAsia