Oz gears up to be LNG wizard: Part 1
The LNG world has been through a turbulent year and, despite a record demand downturn has emerged with apparently undiminished enthusiasm for investing in new supply. And nowhere in the world is attracting more investor enthusiasm than Australia. It does so at a time when the future pattern on LNG trade flows looks to be undergoing a fundamental shift and the impact of Australia’s projects could have global price impact. However, for this enthusiasm to succeed on the ground a series of challenges – from demand to new technology, competition for labour driving up costs and the financing environment – need to be successfully navigated.
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