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Article: New Liquefied Natural Gas Projects Include Two North Slope Producers.
- Article from:
- Knight Ridder/Tribune Business News
- Article date:
- January 5, 2004
CopyrightCOPYRIGHT 2004 Knight-Ridder/Tribune Business News. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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By Tim Bradner, Alaska Oil & Gas Reporter, Anchorage Knight Ridder/Tribune Business News
Jan. 5--Major oil and gas companies, including several active on the North Slope, are rushing to sign up new deals to import liquefied natural gas, or LNG, into the U.S. and Baja California.
Meanwhile, the U.S. Energy Information Administration has sharply increased its estimates of future LNG imports into the U.S. The latest EIA forecast, released Dec. 16, estimated that LNG imports in 2003 will be twice as high as estimated earlier and will increase by 16 per cent annually to 2025.
Imported LNG is a strong competitor for an Alaska natural gas ...