Industry Analysts See Advantages for Re-Tooled North American LNG Regasification Terminals, Greenfield Projects for LNG Exports

Platts LNG Daily [subscription required] summarizes remarks from two industry analysts who noted the  advantages of expanded LNG regasification terminals and greenfield LNG export projects. Speaking at a Platts LNG conference this week, Amber McCullagh of Wood Mackenzie argued that Gulf Coast LNG facilities, such as Sabine Pass LNG or Freeport LNG, have several advantages over proposed LNG projects. In particular, McCullagh noted that the Gulf Coast LNG facilities  already have infrastructure in place and also have the advantage of being in close proximity to large shale gas plays. By contrast, Majed Limam of Poten and Partners, argued that Kitimat LNG’s nearer location to attractive Asian destinations will create savings on shipping costs and allow that project to compete with LNG terminals already in existence.

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