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Analyst: Liquefaction Construction Costs at $800/metric ton

Speaking at the 6th Annual Platts LNG Conference yesterday, an analyst with Poten & Partners reported that construction of liquefaction facilities now costs $800/metric ton of output capacity, four times the cost seven years ago. He stated that this high
May 21, 2007

Speaking at the 6th Annual Platts LNG Conference yesterday, an analyst with Poten & Partners reported that construction of liquefaction facilities now costs $800/metric ton of output capacity, four times the cost seven years ago. He stated that this high cost stemmed from both an increase in materials costs and a shortfall of qualified workers. At the same time, demand in the global LNG market continues to increase. Platts LNG Daily provides further details. [Subscription required]

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