AUSTRALIA

Australian region knocked off LNG capex perch

NORTH America and Asia are set to knock Australia's region off the perch in dominating global LNG capital expenditure as world spending is forecast to soar by 88% to 2019 compared to the previous five-year period, according to a new Douglas-Westwood report.

Anthony Barich

Amanda Tay, author of DW's World LNG Market Forecast 2015-2019, said the global recession caused a slowdown in global LNG capex, but post-2012, alongside stronger confidence in the global economy and a...

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