Hard times, hard decisions for LNG projects

The current oversupply of liquefied natural gas has brought low prices, but low prices may generate more demand which may result later in higher prices. Low prices are expected through the end of this decade, so final investment decisions are not being made for planned LNG export projects. But marke...

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Bibliographic Details
Main Author: Persily, Larry
Document Type: Press release
Publisher:Kenai Peninsula Borough. Mayor's Office
Date:October 7, 2015
Series:Alaska LNG Project updates
Subjects:
Online Access:View Full Text
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Library Holdings:Print Versions
Description
Summary:The current oversupply of liquefied natural gas has brought low prices, but low prices may generate more demand which may result later in higher prices. Low prices are expected through the end of this decade, so final investment decisions are not being made for planned LNG export projects. But markets are expected to grow and shortages are expected after 2020.
Physical Description:4 pages
Notes:This update is provided to keep the public informed about the Alaska LNG Project.