Report: New U.S. LNG Terminals May Face Underutilization

Posted on Sep 4, 2007 in Markets and Competition, Regas Terminals & Capacity | Comments Off

A Datamonitor report (carried via Energy Central Professional [subscription required]) suggests that the recent boom in the construction of U.S. LNG terminals may lead to underuse of regasification capacity. The report states that if U.S. LNG consumption grows 6% annually, consumption will total 46 Bcm/y by 2020. If the 22 LNG terminals that have been approved for construction are built, their combined regasification capacity could reach 349 Bcm/y.

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Report: New U.S. LNG Terminals May Face Underutilization

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