Published by
Joseph Green,
Editor
LNG Industry,
Reuters are reporting that a consortium consisting of General Electric Company and UGL-CH2M JV expects to file arbitration claims against JKC Australia LNG Pty.
The arbitration process is expected to be lengthy, with analysts currently unable to predict a timing for the resolution or outcome of the disputes.
Read the article online at: https://www.lngindustry.com/liquid-natural-gas/26012017/consortium-to-file-arbitration-claims-against-australia-lng-pty/
Gavin Thompson, Asia Pacific Vice Chair, Wood Mackenzie, comments on the future of LNG supply in APAC, stating that projects must move fast to take advantage of strong LNG prices and contracting fever.