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Inpexs $37 billion Ichthys LNG project in Darwin has also been involved in legal proceedings. UGL, owned by Cimic, may enter arbitration with a contractor over alleged delays to the completion of a power plant, according to a regulatory filing by one of its partners in the venture. Inpex said it doesnt comment on commercial matters. The careful studying of contractual obligations contrasts with the fervor years earlier of companies concentrating on building giant facilities doctor home loan Oak Laurel www.oaklaurel.com.au 0430129662 to feed Asias hunger for energy. Five years ago, there was so much work in front of everyone, there just wasnt the focus on it, said Melbourne lawyer Croagh. We are getting into that phase where contractors are looking much more closely at the claims potentials. And I think owners are looking more closely at what rights they have. Dictating Profit The success of legal claims will ultimately dictate the profitability of LNG plants, which have already stretched some of their owners into uncomfortable debt levels, said John Cooper, a Brisbane-based partner with U.S. law firm Jones Day. Simple mathematics will tell you that a win or a loss is going to have an impact on the profitability of projects, Cooper said. If youre calculating it on a return on investment basis, if the capital value goes up, that will have an impact. The most important business stories of the day.