Report Finds Potential Cost Savings from Hawaiian LNG Imports
Posted on Jan 8, 2013 in Markets and Competition, Regas Terminals & Capacity, State and Local Issues | Comments Off on Report Finds Potential Cost Savings from Hawaiian LNG Imports
A report by FACTS Global Energy evaluating the impacts of imports of LNG into Hawaii concludes that, under a base case LNG demand forecast, using small, U.S.-built, Jones Act compliant LNG carriers, conventional onshore terminals can deliver LNG from the U.S. West Coast to Oahu 31-47% cheaper than oil through 2030. The report finds that the savings are cut roughly in half if LNG is sourced from Canada and shrink dramatically when sourced from Alaska or Australia. Read more in the Honolulu Civil Beat article.