EIA: LNG will supply more than 20% of US gas by 2025

In the Annual Energy Outlook 2005 (AEO2005), the US Energy Information Administration (EIA) projects that LNG will play a rapidly expanding role in meeting the nation's future natural gas requirements, growing to more than 20% of total US natural gas supply in 2025 from slightly more than 2% in 2003. This is a major departure from forecasts that EIA and other forecasters were making just 5 short years ago, when LNG was expected to remain a minor contributor to US natural gas supply for the foreseeable future. The prevailing perception throughout most of the 1980s and 1990s was that LNG was not an economic source of natural gas supply for North American markets. Although the average an...

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