Can fresh Capex save Alaska LNG in the absence of offtakers?

Wednesday, 03 July 2019

Capex-intensive Alaska LNG has been given another life-line, with supermajors ExxonMobil and BP committing to spend a further $20 million to help advance the $43 billion Alaska LNG project. Critics doubt, however, the fresh Capex will be enough to prop up the venture due to its high break-even costs of over $10/MMBtu.

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