Equinor says costs climb for Hammerfest LNG upgrade project

Norway’s Equinor reported an increase in costs for the Snohvit Future project, which involves upgrading the 4.3 mtpa Hammerfest LNG export facility on Melkoya island. The project includes onshore compression and electrification of the Hammerfest LNG terminal. “Since the PDO (plan for development and operation) the cost increase is 1.9 billion 2024-NOK,” Equinor said in…

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