Monday, July 1, 2013

How to Profit From Surging LNG Project CapEx


According to a Chicago Bridge & Iron (NYSE: CBI) presentation, the LNG project capital expenditures over the next two years will reach over $70 billion. The spending will reach a plateau in 2015 at over $45 billion and max out around $50 billion in 2017. Not bad for a market that topped out around $30 billion in 2012 and plunged this year.


Probably not surprising, but a main beneficiary will be more »


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