International LNG Prospects 2011 and Beyond

By far, the most important recent development in the state of international liquefied natural gas (LNG) trade has been the<br>collapse of natural gas prices following the economic crisis of 2008. Prices for LNG have dropped from over $12/MMBtu to<br>less than $8/MMBtu in the traditional markets of Asia and as low as $4/MMBtu in the United States. This situation has been<br>discouraging new LNG developments.