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- W82732608 abstract "Since the first two were launched in 1964, the number of operational base-load LNG projects has increased to 12, accounting for an international LNG trade of 4.4 billion CF/day. Two of these projects are directed to the United States (1.1 billion CF/day), 6 to Europe (0.9 billion CF/day), and 4 to Japan (2.4 billion CF/day). In addition to the operational projects, there are 27 projects in various stages of development. If all were implemented, there would be an intenational LNG trade of about 28 billion CF/day. Since many of these projects are in very early stages of development and gas supply contracts have not yet been negotiated, the total quantity of LNG that could be available to the United States in 1985 ranges from 8.5 to 11.5 billion CF/day. The amount that could be available to Europe ranges from 3.6 to 5.9 billion CF/day, while to Japan the range is from 5.5 to 6.5 billion CF/day. The actual quantity of LNG that will be imported by each market sector depends upon many factors, including economics, financial incentives provided by the prospective importer, proving of the reserves needed to serve the project, and completion of facilities within the estimated time frame.more » Political and regulatory factors can also change the development or schedule of development of capital-intensive venture that requires international cooperation.« less" @default.
- W82732608 created "2016-06-24" @default.
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- W82732608 date "1978-07-31" @default.
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- W82732608 title "LNG: a project status review" @default.
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