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Panel: Early Investors Have Advantage as LNG Construction Costs Soar

A panel of LNG executives at the Citi Power, Gas, and Utilities Conference in Charleston, S.C., indicated that while the LNG investment climate remains strong, particular advantages may accrue to companies that invested early. Sempra CFO Mark Snell said,
June 7, 2007

A panel of LNG executives at the Citi Power, Gas, and Utilities Conference in Charleston, S.C., indicated that while the LNG investment climate remains strong, particular advantages may accrue to companies that invested early. Sempra CFO Mark Snell said, “The facilities we have under construction, and others under way, definitely have a cost advantage to any new projects.” Natural Gas Intelligence offers additional details. [Subscription required]

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