Company/Division name | Qilak |
Parent company | Lloyds Energy |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Year reshoring announced: | 2023 |
Year reshoring implemented or to be implemented: | 2024 |
Capital investment ($): | 5000 |
Country(ies) from which reshored: | United Arab Emirates |
State(s) reshored to: | AK |
If relevant, work nearshored to: | - |
Industry(ies): | Chemicals |
Product(s) reshored | Liquid natural gas |
What non-domestic negative factors made offshoring less attractive? | Strained offshore relationships |
What domestic positive factors made reshoring more attractive? | Geopolitical Risk |