10 most expensive energy projects in the world

Our growing thirst for energy means today's projects dwarf most past endeavors. The Hoover Dam cost $49 million in 1936. Adjusted for inflation, that's only $825 million today.

#5 - Australia Pacific LNG - $37 billion

gallery big projects australia pacific lng
  • Location: Australia
  • Companies: Origin, ConocoPhillips, Sinopec

The Australia Pacific project will extract natural gas from coal seams in the northeastern part of the country.

China's Sinopec has agreed to purchase a portion of the gas for 20 years. Japan's Kansai Electric has also agreed to purchase some of the gas.

Source: Australia Pacific LNG, Wood Mackenzie
Cost estimates for oil and gas projects are from the energy consultants Wood Mackenzie. They include possible future costs and other data which may not correspond to company esitmates.
- Last updated August 27 2012 02:47 PM ET

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