LNG

‘Shale spread’ crucial for Latin LNG importers

Latin American and Caribbean demand for North American LNG will depend upon future Pacific shale spreads, a prominent energy analyst said earlier this week.
By Chris Noon 5 July 2013 0 2695

Latin American and Caribbean demand for North American LNG will depend upon future Pacific shale spreads, a prominent energy analyst said earlier this week.

The window of opportunity for North American LNG exports is “wide open”, said Berkeley Research Group Director Christopher Goncalves during a webinar organised by California-based Institute of the Americas. He pointed out that shale spreads – the discount of Henry Hub to the prices paid for LNG cargoes – were more than $6/MMBtu in the Atlantic Basin and $12/MMBtu in the Pacific...