U.S. Unlikely to Establish LNG Shipbuilding Market

According to Bill Cooper, president of the Center for LNG, the United States is unlikely to compete in the LNG shipping business in the near future. Cooper indicated that one of the barriers to U.S. buyers participating in the global LNG market is public utility commissions’ historic aversion to long-term contracts. Platts LNG Daily has the story. [Subscription required]

[This post was modified Feb. 1 to modify Mr. Cooper’s statement.]

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