Ok. It is 25% of production. Is there a way to invest and expand the output of the other 75%. One man’s disaster may prove to be another man’s opportunity?
“Is there a way to invest and expand the output of the other 75%.”
Yes, but that typically takes 3-5 years.
“Is there a way to invest and expand the output of the other 75%. One man’s disaster may prove to be another man’s opportunity?“
Virtually all of these older LNG plants only got built once long term supply contracts got inked. Guessing here, but 90% of capacity was committed. The rest of capacity would go into the lucrative spot market. Once they were operating, every knob was tweaked to maximize production. Smaller add on projects usually get looked at to produce a few % more, as long as they don’t require prolonged shutdown.
Some of the newer US LNG plants may be getting built based without long term contracts. These are simpler projects because they draw off of existing gas pipeline system. In either case, it would be economic injustice not to be producing flat out already.