Msg. 34987 of 45651 (This msg. is a reply to
34982 by
Decomposed)
Jump:
A while back I put up an article where it mentioned that most of the LNG facilities being built along the coast were being retrofitted and or built to export LNG instead of import it. The success of all the Shale Gas Plays changed this. We have an abundance of NG now. Whether it will raise prices here? My many contacts are divided on this. They say that the price for exported LNG will go up. Hope it goes up a little hear too!!!!!!!
re: "Liquefied natural gas prices could jump 71% as Japan and China fight for the resource and India builds out its massive power infrastructure projects."
I was under the impression that natural gas is expensive to ship - that the market for it is essentially and necessarily LOCAL. Is it possible it could therefore become expensive in Japan, China and India, but remain cheap here?
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