Public Policy Tipoffs Involving Ohio Newsletter for Tuesday May 23, 2023 ( 1 items ) |
Institute for Energy Economics & Financial Analysis: PNG Gas Ambitions a High-Stakes Gamble
CLEVELAND, Ohio, May 23 (TNSres) -- The Institute for Energy Economics and Financial Analysis issued the following news release:
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Looming glut of LNG and declining global demand pose challenges for potential financiers of $13bn project
Key Takeaways:
Financiers of PNG's second major LNG project face high risk with no sales or supply agreements in place
The Papua LNG project will deliver at a time of projected glut in global supplies and declining demand
The project has no plans to red
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