Analysts Predict Large Storage Capacity Increase for U.S. Gulf Coast
Posted on Jan 2, 2008 in E&P, Markets and Competition, Storage | Comments Off on Analysts Predict Large Storage Capacity Increase for U.S. Gulf Coast
Several industry analysts told Platts LNG Daily last week that as much as 100 Bcf of storage capacity will be built in the U.S. Gulf Coast region over the next three years. However, one analyst added that such a large amount of storage capacity might not be needed for the region as gas production from the Gulf of Mexico is expected to decline by 2012. [Subscription required]