Posted on Jul 9, 2009 in
Markets and Competition |
Comments Off on EIA Predicts United States Will Import 506 Bcf of LNG in 2009
In its Short-Term Energy Outlook released this week, the U.S. Energy Information Administration predicts that the United States will import approximately 506 Bcf of LNG in 2009, up from 352 Bcf in 2008. EIA notes that LNG demand in South Korea and Japan has slackened, and because Europe and Asia have limited gas storage capacity, additional LNG cargos will be available to the U.S....