October 2003

Trends and Resources

HP Impact: Major growth projected for LNG market

Capital expenditure in the LNG business is forecast to see strong growth. Total spending over 2003 - 2007 is projected to nearly double that of the previous five-year period (Fig. 2). ..

Weirauch, Wendy, Hydrocarbon Processing Staff

Capital expenditure in the LNG business is forecast to see strong growth. Total spending over 2003 - 2007 is projected to nearly double that of the previous five-year period (Fig. 2).  Fig. 2   Major growth forecast for LNG market. Capital expenditures projected to 2007. "We expect over $39 billion to be spent, over half of which ($20.5 billion

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