Australian LNG: the cost myths and truths – presentation by Martin Wilkes at APPEA 2016

A number of commentators have reported on LNG projects, and have highlighted the high cost of doing business in Australia, in the past few years. This has been reinforced by industry and ventures announcing cost and schedule overruns on their LNG projects. The impacts of low productivity, high-labour costs, and poor performance have all been highlighted as ailments with Australia and within the LNG (construction) industry in particular. This has led to views that Australia is a high-cost environment and Australian LNG is expensive.

Martin Wilkes of RISC Advisory will be presenting a paper on Wednesday 8 June at 11.00am at the APPEA 2016 Conference in Brisbane entitled “Australian LNG: the cost myths and truths”.

The aim of this paper is to examine the issues that have contributed to these views, to highlight the validity or otherwise of some of the commonly held perceptions, and to identify the main reasons for cost and schedule overruns.

Martin Wilkes, Principal Advisor, Development Engineering

The APPEA Conference runs from Sunday 5 June to Wednesday 8 June 2016 at the Brisbane Convention and Exhibition centre. Visit www.appeaconference.com.au

Come and see Martin and the rest of the RISC Team at Booth 53.