Alaska LNG project costs could far exceed estimates, report warns

A $44 billion-plus LNG project in Alaska that Washington is pressing South Korea to back could face sharply higher costs, a consulting report warns. The report, submitted to Alaska lawmakers in January, came under renewed scrutiny Wednesday as questions grow about the project’s financial viability and the risks it could pose to potential investors, including South Korea. Energy consultancy GaffneyCline, in a report for the Alaska Senate Resources Committee, found that cost estimates for the Alas

Source: The Korea Herald