T&T’s LNG Exports to United States Decline as Cargos Flow to Europe and Asia
Posted on Oct 13, 2009 in Liquefaction, Markets and Competition | Comments Off on T&T’s LNG Exports to United States Decline as Cargos Flow to Europe and Asia
Trinidad & Tobago Ministry of Finance’s Review of the Economy 2009 states that LNG exports from Trinidad to the United States totaled 129 Bcf between October 2008 and April 2009, a 6.7% decline in Trinidad’s share of the U.S. LNG market from a comparable period in 2007-2008. The report also notes that global LNG market conditions encouraged LNG cargos to flow towards higher priced markets in Europe and Asia. Reuters provides additional coverage.