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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: quehubo who wrote (83719)	4/28/2007 11:59:45 AM
From: GaAs52	Read Replies (1) of 206338

A short side of ng story: First visit this website: cheniere.com 11.4 bcf/d lng degas (send-out) capacity under “construction” with 50.5 bcf storage in US just by one company. 4.1 bcf/d of this coming online in 2008. If you think the world does not have enough liquidification capacity, here are some numbers: 2003 capacity: 6.6 tcf/year 2006 capacity: 7.6 tcf/year To be added in 2007/early 2008: 1.6 tcf/year Total under “construction” by 2010: 5.07 tcf/year Qatar has over 2 tcf/year capacity under "construction" now. (Qatar’s ng reserves is 910 tcf vs US’s reserves of ~200 tcf) If you think the world does not have enough lng tankers, the tanker capacity numbers are: 2003: 366 bcf 2006: 582 bcf To be added in 2007: 88 bcf The above numbers are for under construction and does not include ones in engineering and planning stage. If some think the current US lng imports of ~3+ bcf/day is an anomaly over 2006 imports of ~1.5 bcf/day, they may need to reverse their thinking in the near future. And then, the market goes crazy for a few bcf/day of additional electricity demand during a few weeks of summer (under normal weather conditions)

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