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Merrill Lynch Analyst Predicts Global Natural Gas Market

U.S. industrial demand for natural gas may diminish as domestic production levels lag in the Gulf Coast and LNG cargoes divert to Europe, according to Steve Hanan, a director at Merrill Lynch Commodities. Speaking at a meeting of the National Association
July 31, 2006

U.S. industrial demand for natural gas may diminish as domestic production levels lag in the Gulf Coast and LNG cargoes divert to Europe, according to Steve Hanan, a director at Merrill Lynch Commodities. Speaking at a meeting of the National Association of Regulatory Utility Commissioners in San Francisco on July 30, Hanan also predicted the emergence of a global gas market and urged those in the U.S. natural gas industry to “be more nimble with a global perspective.” Read more in yesterday’s Platts LNG Daily. [Subscription required]

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