EIA Predicts Increase in U.S. LNG Imports for 2009
Posted on Nov 13, 2008 in Markets and Competition, Regas Terminals & Capacity | Comments Off on EIA Predicts Increase in U.S. LNG Imports for 2009
In its new Short-Term Energy Outlook, the EIA predicts that the United States will import approximately 410 Bcf of LNG in 2009. The report notes that limited natural gas storage capacity in other LNG-consuming nations could make the United States a more attractive destination for spot cargos during storage injection season. The EIA’s prediction for total LNG imports to the United States for 2008 remains 350 Bcf, down from 770 Bcf in 2007.