GLNG project becames latest Australian venture to be hit by high cost overruns

Thursday, 28 June 2012

The Gladstone coal-seam-gas-to-LNG project has announced cost overruns of US$2.5 billion, with the joint venture involving Australia's Santos, Petronas of Malaysia, France's Total and Korea Gas Corp. now set to cost $18.5Bln to complete.


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Last modified on Thursday, 28 June 2012 04:40
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