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EIA Report Attributes Limited U.S. LNG Shipments in 2005 to Competition from European Markets

According to a report released this month by the U.S. Energy Information Administration, intense competition from European markets is partly to blame for a 3.2% decrease in U.S. LNG imports from 2004 to 2005. The agency also notes that despite its advanc
February 12, 2007

According to a report released this month by the U.S. Energy Information Administration, intense competition from European markets is partly to blame for a 3.2% decrease in U.S. LNG imports from 2004 to 2005. The agency also notes that despite its advanced regasification technology, the Excelerate Energy Bridge in the Gulf of Mexico attracted only two cargos that year. Lloyd’s List provides further coverage. [Subscription required] The EIA’s report may be found on its natural gas website.

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