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Published on: 3/1/2007
Last Visited: 12/19/2007
"Twenty-two terminals have been approved for construction," said Datamonitor energy analyst David Niles, up from five currently in the Atlantic Basin region."Already there are two import terminals in the UK, and two more are being constructed in Wales," he added.
"Given the forecasted growth in LNG, even if 10% (3.4bcm) of the terminals that have been approved for construction are actually built, there would still be a glaring under-utilisation of capacity."
"The construction and under-utilisation of so many terminals can potentially increase the risk of volatility in the industry if its growth rates are not maintained or increased," he warned. http://www.euractiv.com/en/energy/liquid-natural-gas-construction-boom/arti
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