Potential seen for doubling U. S. LNG imports

Journal Article · Mon Apr 21 04:00:00 EST 1980 · Oil Gas J.; (United States)

OSTI ID:6413087

According to a U.S. Office of Technology Assessment report, Nigeria, Indonesia, Australia, Malaysia, Trinidad, Colombia, and Chile are the most likely sources of U.S. imports of LNG, although the areas with the greatest amounts of exportable surplus LNG are the Persian Gulf, with > 231 trillion cu ft/yr, and the U.S.S.R., with 439 trillion cu ft/yr. The import of LNG would increase the U.S. balance of payments deficit, but LNG imports seem preferable to oil imports. LNG producers have a tendency to sell to Europe or Japan, since these areas are closer to the LNG sources. Maritime Administration and Export-Import Bank programs favor the use of domestic rather than foreign LNG tankers, which tends to reduce the financial stake of foreign suppliers in uninterrupted deliveries. Exportable LNG surpluses (in trillions of cu ft/yr) include: Algeria, 8; Nigeria, 33; Southeast Asia, 41; and Western Hemisphere, 19.

• OSTI ID: 6413087
• Journal Information: Oil Gas J.; (United States), Journal Name: Oil Gas J.; (United States) Vol. 78:16; ISSN OIGJA
• Country of Publication: United States
• Language: English

Related Subjects

03 NATURAL GAS
030400* -- Natural Gas-- Products & By-Products
030600 -- Natural Gas-- Economic
Industrial
& Business Aspects
AFRICA
ARABIAN SEA
ASIA
AUSTRALASIA
AUSTRALIA
CHILE
COLOMBIA
DEVELOPING COUNTRIES
EASTERN EUROPE
ENERGY SOURCES
EUROPE
FLUIDS
FOSSIL FUELS
FUEL GAS
FUELS
GAS FUELS
GASES
GLOBAL ASPECTS
IMPORTS
INDIAN OCEAN
INDONESIA
ISLANDS
JAPAN
LATIN AMERICA
LESSER ANTILLES
LIQUEFIED GASES
LIQUEFIED NATURAL GAS
MALAYSIA
NATIONAL ORGANIZATIONS
NATURAL GAS
NIGERIA
NORTH AMERICA
PERSIAN GULF
PETROLEUM
SALES
SEAS
SHIPS
SOUTH AMERICA
SUPPLY AND DEMAND
SURFACE WATERS
TANKER SHIPS
TRINIDAD AND TOBAGO
US ORGANIZATIONS
US OTA
USA
USSR
WEST INDIES