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LNG TRADE-1: US gas supply security requires source diversity

04/16/2007
The necessary expansion and diversification of US natural gas supply sources brings with it increased exposure to political and economic risks that could cause this supply to be interrupted.Part 1 of this article, presented here, examines the nature of US demand, the growing role of LNG in meeting this demand, and how insufficient diversification of supply sources would expose the country to particularly acute supply risk. Part 2 will address other issues complicating natural gas supply to the US as well as examine Europe’s dependence on Russian gas. Click here to enlarge imageThe US imported 16.81 billion cu m (594 bcf) of LNG in 2006, some 2.72% of the 619 billion cu m (21.86 tcf...
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