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One Man's Cost Cut is Another Man's Cost Blow-out
#3
Not at all STP. LNG costs need to be managed and FLNG is just one way. The Aussie O&G labor costs are already the HIGHEST in the world. There is no corporate virtue in overpaying for steel, compressors, engineering, design or labor. I bet you Argentina's inflation rate times any amount you want to put up that this Union Head wouldn't have a problem with Shell's FLNG or it's disastrous effect on the environment if it were built and managed by his boys.
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RE: One Man's Cost Cut is Another Man's Cost Blow-out - by Tree - 02-12-2013, 03:28 AM

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