(EnergyAsia, March 5, Wednesday) — A US$2 billion liquefied natural gas (LNG) project planned for the Persian Gulf region is being deferred by at least one year due to rising construction costs.The developers, LNG Impel and state Dubai Multi Commodities Centre (DMCC), were to have started construction this year with the first phase operational by…
MIDDLE EAST: LNG storage project delayed on cost surge
Posted on March 4, 2008 by EnergyAsia