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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