The “likely trajectory” of U.S. liquefied natural gas (LNG) imports through 2011 essentially matches the “probable” growth in natural gas-fired power generation, energy analyst John Gerdes said in a recent report. The need, he wrote, to reduce industrial demand given the limited supply should underpin at least an $8/MMBtu average gas price after 2006.
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Limited LNG Imports Forecast to Push Gas Prices Higher
The “likely trajectory” of U.S. liquefied natural gas (LNG) imports through 2011 essentially matches the “probable” growth in natural gas-fired power generation, energy analyst John Gerdes said in a report issued this week. He said the need to reduce industrial demand given the limited supply should underpin at least an $8/MMBtu average gas price after 2006.
September 1, 2006
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