Wednesday, 29 November 2006 17:27
LNG will help bolster energy security of the US
Leading members of the Society of Petroleum Engineers believe the US government’s estimates of natural gas usage are far too conservative.
This paper was prepared for presentation at the 2006 Society of Petroleum Engineers Annual Technical Conference held in San Antonio, Texas, U.S.A., from September 24–27, 2006.
Natural gas prices in the US and elsewhere are expected to be kept at reasonable levels for decades to come, thanks to the development of alternative supplies such as liquefied natural gas.
However, regulatory policies, concerned environmental groups, and industrial inaction are expected to create choke points in the supply chain.
This paper was prepared for presentation at the 2006 Society of Petroleum Engineers Annual Technical Conference held in San Antonio, Texas, U.S.A., from September 24–27, 2006.
Natural gas prices in the US and elsewhere are expected to be kept at reasonable levels for decades to come, thanks to the development of alternative supplies such as liquefied natural gas.
However, regulatory policies, concerned environmental groups, and industrial inaction are expected to create choke points in the supply chain.
Published in
Oct 2006
