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Global Competition Impedes Growth of U.S. LNG Industry

Increasing global competition for LNG is hindering the development of a robust U.S. LNG industry, according to a speaker at the Interchange Energy Group’s LDC Forum in Chicago held this week. “Molecules flow to dollars,” James W. Duncan, director of Stru
September 14, 2006

Increasing global competition for LNG is hindering the development of a robust U.S. LNG industry, according to a speaker at the Interchange Energy Group’s LDC Forum in Chicago held this week. “Molecules flow to dollars,” James W. Duncan, director of Structured Products for ConocoPhillips Gas & Power said, referring to Spain’s high natural gas prices that attracted a large number of shipments last summer. NGI’s Daily Gas Price Index, carried via Energy Central Professional, has further details. [Subscription required]

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