Asia is Destination of Choice for LNG Cargos As U.S. Imports Decline
Posted on Sep 19, 2007 in Markets and Competition, Regas Terminals & Capacity | Comments Off on Asia is Destination of Choice for LNG Cargos As U.S. Imports Decline
World Gas Intelligence reports that following a trend of strong LNG imports to the United States for the first eight months of 2007, cargos are now being diverted to Asian markets, particularly Japan. WGI further notes that Elba Island LNG and Suez’s Everett regasification terminal are processing baseload volumes and Cove Point LNG, Lake Charles LNG, and Excelerate’s Gulf Gateway are sending out minimal volumes or none at all. [Subscription required]