Article: Profits from U.S. LNG Exports Could be Less Than Expected
Posted on Jan 15, 2013 in LNG Exports, Markets and Competition | Comments Off on Article: Profits from U.S. LNG Exports Could be Less Than Expected
An article in Bloomberg discusses the narrowing gap between future U.S. LNG export prices and Asian LNG prices, and finds that based on available data, “the difference between U.S. and Asian gas is poised to drop by more than 60 percent by 2020, leaving exporters facing a loss of as much as $6 million per tanker.” The article also states that according to Royal Dutch Shell plc, the U.S. share of the global LNG market will be in single digits.