Merrill Lynch Analyst Predicts Global Natural Gas Market

Posted on Aug 1, 2006 in Markets and Competition | Comments Off

U.S. industrial demand for natural gas may diminish as domestic production levels lag in the Gulf Coast and LNG cargoes divert to Europe, according to Steve Hanan, a director at Merrill Lynch Commodities. Speaking at a meeting of the National Association of Regulatory Utility Commissioners in San Francisco on July 30, Hanan also predicted the emergence of a global gas market and urged those in the U.S. natural gas industry to “be more nimble with a global perspective.” Read more in yesterday’s Platts LNG Daily. [Subscription required]

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Merrill Lynch Analyst Predicts Global Natural Gas Market

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