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EIA forecasts another wave of growth in US LNG imports

01/22/2007
Despite declining volumes in the last 2 years, US LNG imports should experience another wave of growth in the next 2 years, the US Energy Information Administration predicts.“Predominantly driven by a significant expansion in world supply, EIA forecasts year-over-year increases in US LNG imports of 34.5% and 38.5% in 2007 and 2008, respectively,” analysts Damien Gaul and Kobi Platt said in a supplement to the federal energy forecasting and analysis service’s January 2007 Short-Term Energy Outlook.They said US LNG imports are expected to reach 770 bcf in 2007, about 210 bcf more than in 2006, as exports from Nigeria and Trinidad and Tobago grow with the availability of mo...
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