Waterborne Energy Predicts U.S. LNG Imports to Total 420 Bcf for 2008

Energy consulting firm Waterborne Energy, Inc., released its 2008 U.S. LNG import forecast last Friday, predicting that the United States will import 420 Bcf of LNG in 2008. Waterborne President Steve Johnson noted that high global demand for LNG has affected the U.S. market, saying that “product we expected [in the United States] is now being sold to the highest bidders in Asia and Europe.” [Subscription required]

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