Posted on Apr 10, 2007 in
Markets and Competition |
Comments Off on High Prices Should Encourage U.S. LNG Imports
According to Credit-Suisse, U.S. terminals should continue to import LNG at or near their recent record-setting levels through August 2007. The current estimated market price at the Cove Point terminal in Maryland is $7.42/MMBTU, more than double the UK price and nearly a dollar above the South Korean market. Bloomberg News (via Tulsa World) has the...