ECONOMICS OF LNG IMPORTATION TO EAST AND WEST COAST AREAS

LNG is not yet competitive with natural gas in the U.S., but a workable plan for importing LNG will soon be available. Capital investment for a 300 MMCF/day project is estimated at $186,200,000 for a Venezuela/New York project, $267,300,000 for a North Africa/New York project, and $191,200,000 for an Alaska/Los Angeles project. Assuming a unit field price of $0.075/MMCF, the delivered gas cost per MMCF was calculated at $0.476 for Venezuelan LNG, $0.613 for Libyan LNG, and $0.483 for Alaskan LNG. The status and characteristics of present LNG projects are presented.

  • Corporate Authors:

    American Gas Association

    1515 Wilson Boulevard
    Arlington, VA  USA  22209
  • Authors:
    • Gertz, M H
    • Wetzel Jr, O K
  • Publication Date: 1968

Media Info

  • Pagination: p. 77-80

Subject/Index Terms

Filing Info

  • Accession Number: 00056015
  • Record Type: Publication
  • Source Agency: American Petroleum Institute
  • Report/Paper Numbers: Proceeding
  • Files: TRIS
  • Created Date: Jun 24 1974 12:00AM