U.S. LNG May Face Limited Demand in Asia, Wood Mackenzie Says
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Liquefied natural gas supplies from the U.S. may find limited buyers in Asia because of competition from other regions, Wood Mackenzie Ltd. said.
U.S. LNG exports may be less than 28 million metric tons a year before 2018, lower than forecasts of 31 million to 94 million tons a year estimated by the U.S. Energy Intelligence Agency, Wood Mackenzie said today in an e-mail. Proposed Australian and African LNG developments are competing with U.S. terminals.