Category: Semafor

Category Added in a WPeMatico Campaign

Repair costs for Gulf fossil fuel infrastructure could hit $25BRepair costs for Gulf fossil fuel infrastructure could hit $25B

Repair costs from reported damage and shutdowns hitting fossil fuel infrastructure in the Middle East could amount to at least $25 billion. Rystad Energy expects the bill for restoring LNG trains, refineries, fuel terminals, and key gas-to-liquids facilities to climb even further, largely driven by engineering and construction costs, and ...