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LNG stalls but will accelerate

Posted on 13 November 2008

From Commodities-now.com: Liquefied natural gas is now taking a back seat to other fuels, and especially since the global credit crisis has taken hold. But over the next decade and as the demand for power resumes, it could assume a notable role in the country’s overall energy plan.

Despite growing energy demand from the four corners of the world, the United States will be able to attract LNG supplies from foreign suppliers. Even though other nations will pay higher prices for such natural gas in the near term, this nation will become a lucrative market for LNG providers because of its sustained energy demand, its strong infrastructure and its reliability as a partner……. Full Article: Source


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