LNG still to dominate US imports in 2010 on global supply length and reduced pipe imports

摘要

LNG imports into the US are expected to increase by about 0.5 Bcf/d (14.17 MMcm/d) in 2010 compared with last year, the Energy Information Administration (EIA) said in its short-term energy outlook on Tuesday.Ample LNG supplies at a global level combined with lower pipeline imports from Canada were cited as the main reasons behind the expected increase in LNG imports. The EIA particularly pointed to thinner LNG demand from Spain - the third largest LNG importer worldwide - due to greater availability of hydropower reserves, which are now 34% higher year on year and 47% above the previous five-year average. “The failure of global demand to keep pace with increased global supply could lead to even higher US LNG imports than currently forecast,” the EIA said.