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Lessons to be learned from LNG 'arms race': Deloitte

2016-04-10 23:57:20| Oil & Gas - Topix.net

The unprecedented $200 billion build-out of liquefied natural gas capacity that has turned Australia into a gas exporting powerhouse provides valuable lessons on the need for better industry collaboration and a less blinkered view on competition, according to Deloitte. The many LNG players scrambling to develop their projects over the last few years underestimated their collective impact on construction costs, the firm says in a report.

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