LONDON: The race is on for liquefied natural gas (LNG) producers to build export terminals as demand soars, but the criteria for financing such mega-projects have shifted as traditional relationships with LNG consumers have begun to disintegrate.
Royal Dutch Shell’s final investment decision (FID) taken last month for a US$30bil LNG Canada project was a shot in the arm for the LNG industry, which is emerging from almost three years of low prices and investment.
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