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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