Analyst sees problems for expected LNG construction

10/24/2005
The LNG industry would have “no problem” in building liquefaction, transport, and regasification capacity for 120 million tonnes of additional LNG by 2012, but many financial and human resource problems must be overcome “if more is demanded,” said J.P. Chevriere, president of Transmar Consult Inc., Houston.That means the LNG industry could “meet the requirements of the more modest projections and forecasts” for new facilities, but not the “very optimistic forecasts” of some major integrated companies, said Cheviere at the 8th Annual Rice Global Engineering & Construction Forum at Rice University in Houston.‘Less optimistic’Ch...
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