Posted on Mar 12, 2009 in
Regas Terminals & Capacity |
Comments Off on Analyst: U.S. Shale Gas Development Could Be Slowed by LNG Imports
Scott Thetford, vice president of Pace Global Energy Services, LLC, told attendees at the Pipeline Opportunities Conference that importing LNG to the United States will be economical at an average gas price as low as $3.50/Mcf, whereas shale gas requires an average gas price of at least $6.50/Mcf to be economical. Platts LNG Daily offers additional coverage. [Subscription...