Report: Capital Expenditures in Global LNG Industry to Double Over Next Five Years
Posted on Aug 19, 2008 in Markets and Competition | Comments Off on Report: Capital Expenditures in Global LNG Industry to Double Over Next Five Years
A report released by energy analysis firm Douglas-Westwood predicts that global capital expenditures in the LNG industry will total $106 billion between 2008 and 2012, more than double the total expenditure for the previous five years, including increases in North America, where the report argues the limits of domestic gas production “are becoming clear.” Lloyds List provides additional details. [Subscription required]