Stay Connected

US LNG market may get 2 bcfd surge

04/20/2009
A 60-day surge of an additional 1.5-2 bcfd of LNG is likely to hit the US market this summer, on top of its baseload LNG supply of 0.7-1 bcfd, said analysts at Pritchard Capital Partners LLC, New Orleans.“US facilities can probably handle 5 bcfd of LNG, but if imports got much greater than 3 bcfd, domestic producers would likely fight back to defend market share, although exactly what realistic options they would have remains to be seen,” the analysts said.“LNG traffic, all moving northbound through the Suez Canal, suggests that Asian markets are backing away from LNG purchases. A surge in LNG imports to the US in the late spring or early summer is highly likely,” ...
read-story

Why Register?

Non-subscribers can only view whitepapers by providing name, home and email address, phone number and other information and comment on/rate articles.

Why Subscribe?

Oil & Gas Journal subscribers with login credentials can access these premium features of OGJ Online:

  • Current Issue – an html version of the current week's issue of Oil & Gas Journal.
  • Past Issues – An Electronic OGJ Archive. A keyword-searchable archive of all issues of Oil & Gas Journal dating back to 1990; also searchable by issue date.
  • Market Journal – a weekly round-up of the oil and gas markets, with observations from leading analysts.
  • Editor's Perspective – a short article of insight and opinion by the Editor of Oil & Gas Journal.
  • OGJ Industry Stats – quick access to current industry statistics from Oil & Gas Journal.
  • OGJ Survey Downloads - quick access to exclusive reports from Oil & Gas Journal.

 

Subscriber Help or Subscribe

Oil & Gas Journal Subscribers: Have your subscription number (from the mailing label on the cover of your Oil & Gas Journal) and e-mail address ready to set up your online account through Customer Service Assistant.

If you're not an Oil & Gas Journal subscriber, start a subscription and gain access to the subscriber areas of OGJ Online now.