Share

LNG in Atlantic Basin markets after two winter price shocks.

Author(s) : FRISCH M., LAPUERTA C.

Summary

After providing a summary of developments in Atlantic Basin gas markets during the winters of 2005/06 and 2006/07 (until mid January 2007), the paper presents analyses of US and European gas markets, with emphasis on gas market forces that either have emerged or have manifested themselves during the two last winters. A major theme is the effect of high and very volatile prices on gas demand. Will there be a shift from gas to nuclear and coal-fired power stations? What does the future hold for energy intensive industries in North America and Europe? The paper addresses the likely future demand for LNG in the US gas market, the growing importance of gas supply diversification in European gas markets, and the resultant implications for the construction of LNG receiving terminal capacity. The paper concludes by assessing the likely demand for and future role of LNG in Atlantic Basin gas markets, and hence the likely future importance of these markets to LNG producers.

Details

  • Original title: LNG in Atlantic Basin markets after two winter price shocks.
  • Record ID : 2008-1140
  • Languages: English
  • Subject: Figures, economy
  • Source: LNG 15. Proceedings of the 15th International Conference and Exhibition of Liquefied Natural Gas.
  • Publication date: 2007/04/24

Links


See other articles from the proceedings (43)
See the conference proceedings

Indexing