Analyst: “Very Large Overbuild” in U.S. LNG Regas Capacity
PFC Energy yesterday released a report indicating that regasification capacity in the United States will significantly exceed projected LNG supplies by 2012. Terrell Benke, one of the report’s authors, told the Calgary Herald that there is a “very large overbuild” in LNG regasification capacity, noting that several LNG terminals have been constructed without firm supply contracts.