Analyst: Liquefaction Construction Costs at $800/metric ton

Posted on May 22, 2007 in Liquefaction | Comments Off

Speaking at the 6^th 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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Analyst: Liquefaction Construction Costs at $800/metric ton

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