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Report Predicts U.S. LNG Imports to Rise Substantially

LNG imports to the United States may represent as much as 18% of the country’s gas supply by 2030, according to a report released yesterday by the National Petroleum Council. Platts LNG Daily reports that the study cites continued restrictions on domesti
July 17, 2007

LNG imports to the United States may represent as much as 18% of the country’s gas supply by 2030, according to a report released yesterday by the National Petroleum Council. Platts LNG Daily reports that the study cites continued restrictions on domestic drilling and production as a primary reason for the increase. The report also agrees with the 2006 EIA Energy Outlook which suggested that Venezuela will likely become a major gas supplier to North America and Europe in the near future. [Subscription required]

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