LNG Project Financing Faces Changes in 21st Century
Article from: OGEL 1 (2006), in Liquefied Natural Gas (LNG)
Introduction
The LNG industry has evolved, from being largely based in West European and Asian market with only a handful of projects in North Africa and Southeast Asia supplying them. Today, LNG producers are able to supply markets up to 10,000 nautical miles away at a price competitive to other fuels. As this evolution continues in this century, sponsors must develop projects in regions new to the LNG industry and as a consequence, must find additional sources of debt necessary to finance the industry's expansion. Although changes are afoot through out the entire LNG ...