EEA Predicts Increase in LNG Imports
Posted on Mar 20, 2006 in Liquefaction, Markets and Competition, Regas Terminals & Capacity | Comments Off on EEA Predicts Increase in LNG Imports
The EEA is anticipating a rise in U.S. LNG imports this year to an average of 1.9 Bcf/d, which is a 12 percent increase from last year. Despite the predicted increase in LNG imports, the EEA says that higher natural gas prices and greater regasification capacity in the United States do not guarantee larger volumes of LNG because of growing demand for the fuel in Europe and political instability in countries that export LNG. Details are available in today’s Platts Gas Daily. [Subscription required]