As greenfield projects in Canada and east Africa remain stalled by cost and regulatory challenges, largely brownfield schemes in Asia and Russia's Far East are quietly inching ahead, positioning themselves as ideal for Asian customers as they are close by, cost-competitive, and a known quantity. Buyers still want to open up frontier areas, but will assess how quickly such projects can progress, while taking advantage of the current weak market to seek concessions from all projects outside the US such as equity investments, and flexibility on destination, volumes and pricing.
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