LNG supply, fuel competition pose major concerns in US

How US markets will accommodate the impending flood of LNG continues to puzzle industry observers. It was a question hanging over several speakers and discussions on Apr. 28 at CWC’s LNG Summit New Orleans 2009.In addition, speakers and panelists addressed the extent to which other fuels, especially coal, might put natural gas, and therefore LNG, at a competitive disadvantage.Distressed pricesMuch of the focus for the past year or more among LNG analysts has been on where new spot supplies from liquefaction projects coming online 2009-11 will go, given weak demand in the major European and Asian markets. It has been the sentiment that LNG will default to the US as a market of last r...

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