Thursday, 13 March 2008 12:40
LNG journal Middle East Editor
The Yemen LNG project may have a final bill of $300 million more than expected at over $4 billion, but the project will provide much-needed new LNG offtake for the US and South Korea.
Project costs have spiraled on all projects worldwide due to rising prices for labour and materials such as steel as the industry strains to meet rising energy demand.
Last modified on Thursday, 13 March 2008 12:41
The Yemen LNG project may have a final bill of $300 million more than expected at over $4 billion, but the project will provide much-needed new LNG offtake for the US and South Korea.
Project costs have spiraled on all projects worldwide due to rising prices for labour and materials such as steel as the industry strains to meet rising energy demand.
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Published in
March 2008
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