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Equinor Hikes Norway LNG Plant Upgrade Cost Amid Project Hurdles

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Story updated Rewritten when the story materially grows; the wire is checked every 15 minutesAbout this data

Equinor ASA has again raised the estimated cost of upgrading its Hammerfest liquefied natural gas plant, less than a year after its last revision. This highlights the expense of such huge infrastructure projects in Norway’s far north.

The increase in costs reflects ongoing challenges faced by the company in managing the upgrade of the facility, which is critical for the region's energy supply.

Equinor

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