European Natural Gas Buying Strategies to Affect U.S. LNG Market
Posted on Dec 1, 2009 in Markets and Competition | Comments Off on European Natural Gas Buying Strategies to Affect U.S. LNG Market
A report in today’s Wall Street Journal hypothesizes that as European gas purchasers shift from LNG to Russian gas delivered via pipeline over the coming months, more LNG will be delivered to U.S. LNG terminals. This trend, coupled with increased domestic natural gas production, is likely to create downward pressure on U.S. gas prices.