Uday Turaga of ADI Analytics was quoted in Bloomberg’s story on Apache’s exit from the proposed LNG export terminal in western Canada. Based on deep expertise gained through numerous consulting engagements across various aspects of the LNG market, Turaga commented on Chevron — the other partner in Kitimat LNG — and its ability to find partners to replace Apache:
By losing Apache, Chevron may attract a partner with experience developing LNG and contacts in the market that missed the first wave of investment in Canada, said Uday Turaga, chief executive officer of ADI Analytics in Houston.
“I don’t think there will be a dearth of suitors who may want to take Apache’s place,” Turaga said in a phone interview. “It’s going to be a bit of rough weather for the project until additional partners can be lined up.”
