Capital for gas security getting more challenging

Fri, 18 Sep 2020

OMV’s $70 million investment in compression plant for the Pohokura gas field is a key investment for fuel security in a market where access to capital is getting more challenging, a leading analyst says.The project, and similar work planned for the Kupe field, are necessary investments to ensure stable gas supplies, Enerlytica director John Kidd said.But all that work requires capital and the environment for making such investments is becoming more challenging.Firms like OMV and methanol maker Methanex – the country’s big...

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