Savannah's Elba Island liquified natural gas terminal is set to receive 7-cargoes of the super-cooled gas known as L-N-G this month. Reuters news is reporting the shipments. Seven-tankers to Elba Island in a month represents an uptick in L-N-G coming to the import facility and to the United States in general.
Analysts told Reuters, the global recession has lessened demand for L-N-G in Europe and Asia, leaving more for the U-S. Elba Island is one of only-four on-shore L-N-G facilities in the nation. It's currently being upgraded to double its storage capacity.
L-N-G remains controversial in some parts of the U-S, with some local advocates citing terrorism concerns. Elba Island, however, has not generated any concern by Savannah or Chatham County officials.
Analysts told Reuters, the global recession has lessened demand for L-N-G in Europe and Asia, leaving more for the U-S. Elba Island is one of only-four on-shore L-N-G facilities in the nation. It's currently being upgraded to double its storage capacity.
L-N-G remains controversial in some parts of the U-S, with some local advocates citing terrorism concerns. Elba Island, however, has not generated any concern by Savannah or Chatham County officials.
(Reuters News)
