WORLD LNG TRADE TO SOAR TO 2010 IF PRICES, FUNDS LINE UP

World trade in liquefied natural gas could double or triple in the next 20 years. Estimates are that industry may have to spend as much as $40-66 billion in new facilities and expanded fleets to meet projected LNG demand by 2010. Fueled by soaring demand in the Asia-Pacific region, the surge in LNG trade may overwhelm current projections of the industry's ability to accommodate that growth. Some industry analysts see shortfalls on the horizon in terms of LNG plant capacity and LNG tanker

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