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Analyst: U.S. Shale Gas Development Could Be Slowed by LNG Imports

Scott Thetford, vice president of Pace Global Energy Services, LLC, told attendees at the Pipeline Opportunities Conference that importing LNG to the United States will be economical at an average gas price as low as $3.50/Mcf, whereas shale gas requires
March 11, 2009

Scott Thetford, vice president of Pace Global Energy Services, LLC, told attendees at the Pipeline Opportunities Conference that importing LNG to the United States will be economical at an average gas price as low as $3.50/Mcf, whereas shale gas requires an average gas price of at least $6.50/Mcf to be economical. Platts LNG Daily offers additional coverage. [Subscription required]

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