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25%  
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  • LNG Investment To Peak In 2024 At $42 Billion

    08/25/2022 12:09:23 PM PDT · by BeauBo · 22 replies
    OilPrice.com ^ | Aug 24, 2022 | Rystad Energy
    Investments in new liquified natural gas (LNG) infrastructure are set to surge, reaching $42 billion annually in 2024, Rystad Energy research shows. These greenfield investments are 20 times the amount in 2020 when just $2 billion was invested... Russian volumes are primarily dependent on the successful completion of the Novatek-operated Arctic LNG 2 project, which is potentially in jeopardy as sanctions against Russia over the Ukraine conflict have led to delays in the commissioning of Train 2 and Train 3. Project partners TotalEnergies and JOGMEC have halted all financing related to the scheme in the Russia-Ukraine war, followed by the...