Analysts: More than Half of U.S. LNG Exports Will Go to Europe by 2020

Bloomberg reports that “Europe is set to be the key destination” for U.S. LNG supplies. Per Wood Mackenzie analysts’ predictions, 55% of U.S. LNG exports will go to Europe by 2020 due to the disappearance of the large spread between European and Asian LNG prices and Europe’s proximity to U.S. LNG export terminals.

 

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