BG’s $15 Billion LNG Project Sparks ‘Dash for Labor’
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BG Group Plc’s $15 billion liquefied natural gas project in Australia’s Queensland state will spark a “dash for labor” as the U.K.-based energy producer and rivals compete for skilled workers, Sanford C. Bernstein & Co. said.
BG committed Oct. 31 to the Queensland Curtis LNG venture, the first of four Gladstone developments to start construction. “We now move from the ‘dash for gas’ to the ‘dash for labor’ phase,” said Neil Beveridge, a Bernstein analyst in Hong Kong.