Rebirth

Study Finds Gas Could Become Global Commodity by 2025 Via LNG

The rebirth of liquefied natural gas (LNG) as an economic alternative for new deliveries most likely will significantly alter the trading patterns of natural gas within 25 years, ultimately transforming gas into a globally traded commodity, similar to how oil is traded worldwide today, according to a new study by economic consultant DRI-WEFA. This shift in trading patterns, said the authors, will improve the security of supply and maintain gas prices, which will be driven by the U.S. benchmark price.

July 19, 2002
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