LNG to face a US$200bn capex boom
According to Wood Mackenzie, the LNG boom has returned. Over the course of the next two years, almost 90 million tonnes per annum of LNG is expected to take final investment decision and begin construction. Research from Wood Mackenzie indicated that capital expenditure for both LNG plant and upstream infrastructure will amount to over US$200 billion between 2019 and 2025.
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