Limited Availability for ‘Cheap’ LNG to the U.S.
There has been suggestion the U.S. import ‘cheap’ (i.e., nearby supplies priced at variable cost) LNG into the U.S. as a way to apply downward pressure on domestic natural gas prices. However, The U.S. will not be able to attract substantial volumes of spot LNG because there is little supply not committed to firm European and Asian contracts through 2005.
October 11, 2004