Atlantic LNG adapts, expands amid US shale gas boom

01/20/2014
The shale gas revolution in the US does not pose a threat to Atlantic LNG's (ALNG) business, according to Nigel Darlow, the company's chief executive officer. In an interview in late-2013 with OGJ in Port of Spain, Darlow said ALNG had made a significant change in its exports with almost half of the country's LNG now being shipped to South America where the prices are rivalling those in the Asia-Pacific region. "As of the end of September [2013], 45% has gone to South America and 18% to the US market, so you have seen a big change over the last 5 years. If you had asked me that question 5 years ago, probably 80% would have gone to the US market. So there is a huge turnaround in terms...
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