June 2004

Trends and Resources

HP Impact: LNG: future options for North America

US demand for natural gas (NG) is rising, being strongly driven by the electrical power generation market. Yet, NG supply from the Lower 48 states is stalling, and imports from Canada are leveling off..

Weirauch, Wendy, Hydrocarbon Processing Staff

US demand for natural gas (NG) is rising, being strongly driven by the electrical power generation market. Yet, NG supply from the Lower 48 states is stalling, and imports from Canada are leveling off. Over the next few years, this market will be short on NG. Tight demand has also increased NG prices to new levels; it has risen from below $2/MMBtu in the early 1990s to above $5/MMBtu in 2004. The higher NG prices are revising the pricing scenario and paving the way to entice more LNG imports to the Lower 48 states, according to an outlook by Alfred L. Luaces of Purvin & Gertz (www.purvingertz.com). Four regasification terminals, with a combined capacity of 900 Bcf, are in oper

Log in to view this article.

Not Yet A Subscriber? Here are Your Options.

1) Start a FREE TRIAL SUBSCRIPTION and gain access to all articles in the current issue of Hydrocarbon Processing magazine.

2) SUBSCRIBE to Hydrocarbon Processing magazine in print or digital format and gain ACCESS to the current issue as well as to 3 articles from the HP archives per month. $409 for an annual subscription*.

3) Start a FULL ACCESS PLAN SUBSCRIPTION and regain ACCESS to this article, the current issue, all past issues in the HP Archive, the HP Process Handbooks, HP Market Data, and more. $1,995 for an annual subscription.  For information about group rates or multi-year terms, contact J'Nette Davis-Nichols at Jnette.Davis-Nichols@GulfEnergyInfo.com or +1 713.520.4426*.

*Access will be granted the next business day.

From the Archive

Comments

Comments

{{ error }}
{{ comment.comment.Name }} • {{ comment.timeAgo }}
{{ comment.comment.Text }}