Voser hopes for US LNG-export restraint

Exports: Voser urges restraint from US exporters

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Luke Johnson

 25 January 2013 19:43 GMT

Shell chief executive Peter Voser said he hopes the US will keep LNG exports at around 50 million tonnes per annum, at least initially, so industrialisation in the country can continue apace.

“Exports will happen,” Voser told Bloomberg TV. “But I hope that the US will actually keep most of the gas back home because it will help them to industrialise parts of the US more.”

Some forecasts put the US’ LNG-export capacity at around 120 million, Voser said.

The more modest figure of 50 mtpa would account for about 10% of the worldwide gas demand, he said, adding that US gas demand by the end of the decade will be roughly the same.

That kind of export capacity would allow for “quite sizable…

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