"Good to hear from somebody in the industry. Just a question here. If it takes 2000 workers to construct a mine then when it goes into production how many does it take to run it. Do some of the construction workers change over to production or do they all move on and a new workforce comes into production. Just curious, also I may be wrong but when a project comes into production the royalties start flowing to the State Government. cheers"
What everyone should note with the large gas projects is that a very very big slice of the design and construction leaks offshore. We simply don't have the expertise that the American's do in this arena. As such the multiplier effects from a dollar of capex aren't all equal. A dollar of O & G capex has less of a multiplier effect than a dollar of IO capex in the wider economy. Generally this has been lost on economists and financial commentatiors regarding LNG.
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