Jakarta Post: Bad Precedent for Gas Industry

28 March 2016: “Inpex-Shell’s POD, which was endorsed by Poten & Partners and most analysts, listed the advantages of the floating liquefaction of natural gas: Its US$15 billion capital cost would be $7 billion cheaper than OLNG, faster to construct because it would not need vast land acquisition and long gas pipelines, would have less of an environmental impact and would generate $57 billion in revenues for the government, as against $48 billion in the case of OLNG. The domestic shipbuilding and offshore structure industries would also benefit greatly from the FLNG concept.”
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