Bracewell’s Nina Howell and Nicholas Neuberger recently discussed with Energy Voice reporter Ed Reed how shifting away from liquefaction due to the pandemic-driven lockdowns have created new opportunities to increase the rate of expansion into the downstream.
“Larger companies have the ability to take a longer view. Qatar Petroleum is pushing ahead with expansion and while there are some delays the scale hasn’t been reduced,” said Howell.
Neuberger added:“Coronavirus could trigger a move to greater integration in the value chain. This would help companies smooth out some of the pricing ups and downs, although this does create some new complexities.”