Statoil Expected to Play Major Role in U.S. Natural Gas Market
Posted on Aug 25, 2006 in Liquefaction, Markets and Competition, Regas Terminals & Capacity | Comments Off on Statoil Expected to Play Major Role in U.S. Natural Gas Market
Noting that Statoil Natural Gas is expected to supply the U.S. with 10 bcm per year of natural gas starting in 2009, Rigzone reports that Statoil’s capacity at the Cove Point LNG terminal in Maryland has allowed the company to gain “important positions both within LNG production and on the market side” by positioning the company in “the most attractive part of the U.S. gas market.”