The transnational natural gas trade is expanding with growing liquefied natural gas (LNG) exports. Such expansions will require unprecedented resources including technical, managerial and financial, e..
The transnational natural gas trade is expanding with growing liquefied natural gas (LNG) exports. Such expansions will require unprecedented resources including technical, managerial and financial, especially as new firms enter this business at all links of the supply chain.
LNG projects are capital intensive. They require a high expenditure for extended periods during design, procurement and construction in which no income is generated. Due to the size and complexity of world-class LNG projects, most involve several participants. Project financing for large LNG facilities can and does exceed the available internal financial resources of most international energy companies.
Borrowing fu
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