Tuesday, September 30, 2008

Challenges Confront U.S. LNG Market

Challenges hit U.S. LNG market transformation

By Karen Boman - Energy Current - Filed from Houston 9/1/2008 3:31:57 PM GMT

Liquefied natural gas (LNG) imports into the U.S. remain low as high-demand, premium-price markets in Asia and Spain continue to draw the majority of LNG supply, leaving terminals in the U.S. and northern Europe underutilized.

An unexpected rise in U.S. natural gas production also is filling domestic needs, keeping U.S. natural gas prices low relative to prices in other countries.....For Complete Article Click On Thread Title Above

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