TotalEnergies Cuts Papua LNG Costs To $14 Billion After Project Optimization
TotalEnergies advances Papua LNG toward FID after completing key commercial milestones, finalizing contract amendments and reducing estimated costs to $14 billion.
TotalEnergies figured out how to build a big gas project in Papua for less money than before—$14 billion instead of more. When a company finds ways to spend less while building something, it's a sign they're planning carefully and might make more profit.
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