2003 shows spot cargoes, tankers to dictate US LNG supplies, not terminal capacities

LNG IN THE US—1Examining US LNG imports in 2003 provides an understanding the changes projected for LNG in the next few years.Last year, LNG imports more than doubled from 2002. Incremental imports were mostly from Trinidad and Tobago or were spot cargos that were concentrated in the summer when natural gas is not needed in other places in the world. In only a few months of 2003 were US LNG imports close to the import capacities of the existing terminals. Click here to enlarge imageFor the near term, US LNG imports appear to be governed by the availability of spot cargos and tankers and not the capacities of import terminals. LNG imports in 2003The US Energy Information Administr...

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