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" ... "We are investing $500 million to 2025 in green technology via which we recycle plastic waste into high quality synthetic crude oil that is subsequently processed at our refinery. This pilot project is being run out of Schwechat and the plant now has a capacity of 80 tons per annum (tpa). Upscaling is already underway and over the medium-term we would like to up the capacity to 200 tpa." ... "
" ... Prices will double inside three years. Supply additions slow dramatically from 2021, then a yawning gap opens for new volumes post-2023. Some new projects need upward of U.S.$7/mm Btu to break even. The lead time for new LNG supply is about five years on average from final investment decision (FID) to commissioning so investors need to start building. LNG Canada (Shell), Tortue (BP) and Golden Pass (ExxonMobil/Qatar Petroleum) got the green light in the last few months. A host more FIDs are coming that will lift total investment in new projects to over U.S.$200 billion, and bring over 100 million tonnes per annum (tpa) of new LNG supply to the market by the mid-2020s. ... "