Construction delays and cost blowouts could hit the next wave of liquefied natural gas (LNG) projects as there are a limited number of contractors able to handle the huge projects, three developers said on Wednesday. Around $200 billion in projects across the globe from Australia to the United States are racing to be approved over the next two years, vying to provide around 65 million tonnes of new annual supplies that are needed by 2025, according to estimates by consultants Wood Mackenzie. The race is not just to make final investment decisions (FIDs) on projects, but to enter front end engineering and design (FEED) work to lock in contractors before others snap them up, the three developers said at Credit Suisse’s Australian Energy […]