Industry experts see growing US market for LNG

03/15/2004
A bright future for LNG in US markets was outlined by a panel of industry experts at a recent teleconference with financial analysts sponsored by the International LNG Alliance (ILNGA)."We see a world with abundant proven gas reserves [that] need to find a market place. North America is the world's greatest natural gas market that is in desperate need of some new supplies. So, there is a natural fit here for producers who have stranded gas throughout the world seeking a market, and North America—no longer able to meet its production demands with the drill bit—seeking additional supplies," said Darcel Hulse, president of San Diego-based Sempra Energy LNG Corp., during the F...
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