10-22-2015, 01:51 AM
"This weak outlook for global LNG markets may result in project delays, weaker realised LNG prices and a possible need to gift free equity interest to customers to attract offtake contracts. At the same time we don’t think it makes sense to build two LNG projects in PNG at the same time, particularly given PNG government cash constraints, and hence see a race against PNG LNG T3 with one project needing to be delayed by 1-2+ years."
"And maybe someday we will find , that it wasn't really wasted time"