Shell, Statoil LNG Setbacks May Worsen Fuel Shortage

Royal Dutch Shell Plc and Statoil ASA are among liquefied natural gas producers that may miss output targets and worsen a scarcity of the fuel because of insufficient construction staff.

The shortage of engineers and other workers plus higher materials prices led to a 30 percent jump in building costs for new LNG plants over two years, Frank Harris at Wood Mackenzie Consultants Ltd. estimated. That may delay startups and worsen a “tight” market through 2010, he said.
Bloomberg