U.S. LNG Imports Depend on European and Asian Demands
Posted on Feb 28, 2006 in Markets and Competition | Comments Off on U.S. LNG Imports Depend on European and Asian Demands
The United States could see a spike in LNG shipments as Asia’s demand for gas subsides because of warmer temperatures there, Excelerate Energy President Kathleen Eisbrenner said at a conference held by Ziff Energy Group. However, Eisbrenner says that the amount of LNG the United States receives depends on both Europe and Asia, where LNG prices remain higher than in the U.S. “As a result, all cargoes that can be diverted from the U.S. are being diverted,” she said. Bloomberg has the story.