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U.S. Department of Energy
Office of Scientific and Technical Information

Liquefied natural gas

Journal Article · · Bull. At. Sci.; (United States)
Countries such as Abu Dhabi, Algeria, Indonesia, Iran, Libya, Nigeria, Trinidat, and the Soviet Union have entered or are planning to enter the rapidly growing market for imported natural gas in Japan, the U.S., and Western Europe. The most economic method to transport natural gas across great ocean distances is to ship it in liquid form. Prior to 1977 the U.S. imported only 3% of the liquefied natural gas traded in the world market and, in fact, exported more LNG (from Alaska to Japan) than it imported. An astounding change in LNG imports is now occurring in the U.S. Many projects are completed or are being completed and imports to the U.S. and Canada from the supplying countries are listed. By the mid-1980s these LNG projects will supply the U.S. for at least 20 years with 1.5 trillion cubic feet (tcf) of gas annually, which is about 7% of our current annual consumption. If domestic gas production continues its gradual decline, these LNG imports will assume a greater share of the U.S. gas market. Rapidly growing LNG imports present four serious problems: safety; reliability of supply; continued and worsening dependency of the U.S. on foreign energy supplies; and pricing of liquefied natural gas. The very existence and the severity of the first three problems totally depends upon the last, LNG pricing. 8 references.
Research Organization:
Indiana Univ., South Bend
OSTI ID:
6011668
Journal Information:
Bull. At. Sci.; (United States), Journal Name: Bull. At. Sci.; (United States) Vol. 34:10; ISSN BASIA
Country of Publication:
United States
Language:
English