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U.S. LNG imports this year may drop 38%
2008-07-18 16:14:01
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China Petrochemical News Network - According to overseas media reports on July 9, the United States Government Department of Energy on July 8 said that since Asia and Europe on liquefied natural gas (LNG) to maintain the strong growth in demand for LNG projects and the delayed operation, the United States This year's LNG imports could fall 38 percent.

The U.S. Department of Energy short-term energy outlook in the monthly report said the United States this year, LNG imports may be 480 billion cubic feet, than 2007's 770 billion cubic feet to reduce 220 billion cubic meters.

The U.S. Department of Energy had estimated last month in the United States in 2008 the total number of LNG imports will reach 530 billion cubic feet, up 31 percent reduction in 2007.

The report said, because the new supply of access to global markets, therefore, the U.S. LNG imports in 2009 may be increased to 790 billion cubic meters, but in June this year than the estimated 850 billion cubic feet short of 60 billion cubic feet.

Headquartered in Houston Tudor, Pickering, Holt & Co. Niuwu De Si Taxi Company analysts said that this year to July, the daily average of LNG into the U.S. for 1.1 billion cubic feet, year-over-year decrease of 3.1 billion cubic feet The 2 billion cubic feet.

LNG is a liquid state by a cooling of natural gas, which can be used to transport shipping channel can not connect to the market. LNG import terminal in receiving and was re-converted into gas by pipeline for transmission to consumers.
 

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