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EIA Revises 2008 U.S. LNG Import Forecast Downward

In its Short-Term Energy Outlook released yesterday, the Energy Information Administration adjusted its previous forecast for U.S. LNG imports in 2008 from 680 Bcf to 580 Bcf. The EIA cited continued high prices in Asia and Europe compared with price lev
May 6, 2008

In its Short-Term Energy Outlook released yesterday, the Energy Information Administration adjusted its previous forecast for U.S. LNG imports in 2008 from 680 Bcf to 580 Bcf. The EIA cited continued high prices in Asia and Europe compared with price levels in North America, and recent delays in liquefaction operations as reasons for the decreased LNG import projection.

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