LNG may not fix gas supply problem

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Esai predicts a storage shortfall of about 750 billion cubic feet in November,given normal summer demand. That would leave US storage capacity only 76% full.Even full use of the four existing LNG terminals in the US would only boost storageto 82%, Esai says.

The US is facing its worst natural gas supply shortage in over 25 years, as increaseddemand from the power generation sector has outstripped production. Storage hasfallen to its lowest level since 1976 and is about 30% below the average

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