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  United States  22209
• Authors:
  • Gertz, M H
  • Wetzel Jr, O K
• Publication Date: 1968

Media Info

• Pagination: p. 77-80

Subject/Index Terms

• TRT Terms: Economics; Freight transportation; Liquefied natural gas; Pipeline transportation
• Old TRIS Terms: Lng economics; Lng transportation; Pipeline economics
• Subject Areas: Economics; Freight Transportation; Marine Transportation; Pipelines;

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