LNG: Where Will it Go?

Neftegaz.ru Reprinted on PetroleumWorld: LNG: Where Will it Go? Excerpt:
Unfortunately, analysts believe that over the short-to-medium term there are too many projects chasing customers. For example, if Gorgon is to rely on demand only from the established Northeast Asian buyers, it is unlikely that it could contemplate production until sometime in the next decade. In fact, if all proposed plants and expansions are realized, capacity for Asian markets could outstrip demand by 50 million tonnes per year in 2010, a US study says.