Drumbeat: January 25, 2013

U.S. Will Cap LNG Shipments to Boost Economy, Shell’s Voser Says

The U.S. won’t rival Qatar and Australia as the world’s largest liquefied natural gas exporter as it keeps fuel at home to drive an industrial renaissance, Royal Dutch Shell Plc Chief Executive Officer Peter Voser said.

The U.S. may export 50 metric million tons a year of LNG by the end of the decade, or about 10 percent of the projected world market, Voser said today in a Bloomberg TV interview in Davos, Switzerland. That’s below the 120 million tons a year he said is predicted by some forecasters ...



Read more from The Oil Drum