As LNG Market Globalizes, Overseas Developments Could Affect LNG Supplies to United States
Posted on Sep 12, 2007 in Markets and Competition | Comments Off on As LNG Market Globalizes, Overseas Developments Could Affect LNG Supplies to United States
Jim Duncan, market research director for ConocoPhillips, told attendees at the LDC Forum in Chicago that as more supplies move towards European markets and Japanese demand rises, fewer LNG shipments are likely to reach North America. According to Duncan, overseas developments ranging from European market fluctuations to storage constraints in South Korea will have an increasing impact on U.S. gas markets. Read more in Natural Gas Intelligence (carried via Energy Central Professional [subscription required]).