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LNG assumptions may not be true

Sandy Young's picture
Posted May 30th, 2008 by Sandy Young

An interesting article appeared in the Business Day section of Thursday's New York Times highlighting liquefied natural gas, LNG, and longstanding assumptions that are now being questioned by experts. Some excerpts are below:

"A few years ago people looked at L.N.G. as a solution to North America's gas needs," said Nikos Tsafos, an analyst with PCF Energy, a consulting firm. But today we see that there is less L.N.G. around than people expected, and there is more competition for the L.N.G. from markets that are willing to pay more than the United States."

..................................................................

Just about the only place where demand for L.N.G. seems not to be growing is the United States, an abrupt shift from expectations as little as one year ago.

Click here to read the entire the New York Times article.

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