Financial Times: The LNG and the short of it

When politicians describe projects requiring billions of development dollars as a “golden age”, investors should be wary, even when it is about something as strong as the market for liquefied natural gas. This week Sinopec finalized a $1.1bn deal to increase supply and raise its equity in one Australian LNG project. Earlier this month, Japan’s Inpex and France’s Total finalized agreement on Ichthys, their own A$33bn plant in Darwin.

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