After several decades of relative inactivity, liquefied natural gas (LNG) imports are again in the forefront of US energy policy. As US access to world natural gas supplies requires a major expansion on LNG-terminalimport capacity and development of the newer offshore regasification technologies, the impacts on the Asian LNG markets are quite apparent. The largest energy consumer in the world is entering the world gas markets in a big way. This will impact supply, demand and pricing for future LNG suppliers and consumers in Asia. The United States will increase gas supplies quickly through imports of liquefied natural gas and will fast-track the development and construction of LNG receiving terminals, including the exemption of LNG terminals from the “open access” requirements of Federal Energy Requirements Commission (FERC).
KeywordsSpot Market Energy Information Administration Maritime Transportation Security
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