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Potential for world trade in LNG

Conference · · AIChE Pap.; (United States)
OSTI ID:6365557
Deliveries of LNG in 1978 in international trade amounted to about 24.77 billion cu m; of the actual deliveries, 9% were received by the U.S., 30% by West European countries, and 61% by Japan. For Spain, these deliveries represented 100% of its natural gas supply; for the U.S., they represented only 2% of natural gas demand. By the mid-1980's, the international LNG growth rate will slow to approx. 16%/yr, although projects totaling 130 million cu m/day may be completed. During the late 1980's, another 94.1 million cu m/day of LNG projects could be implemented. The over-all growth rate for the decade would then be approx. 11%/yr in LNG volumes. After 1990, several LNG export projects could be put into operation, possibly in the Middle East, West Africa, and the U.S.S.R. In 1980-2000, energy demand may increase by 2%/yr. Oil should retain its 65-70% of the primary energy supply; whether natural gas can increase its relative share depends on economic and political factors. Pipeline transport of gas costs twice as much as crude oil, and sea transport of LNG costs four to five times as much as crude oil. Wider use of the refrigeration available at LNG import terminals could affect project economics favorably. Tables.
Research Organization:
Inst. Gas Technol.
OSTI ID:
6365557
Report Number(s):
CONF-800610-
Conference Information:
Journal Name: AIChE Pap.; (United States) Journal Volume: 7C
Country of Publication:
United States
Language:
English