LNG Execs Meet

Reuters has reported that four international exporters of liquefied natural gas met with U.S. utility and industry executives to discuss future supply. Government officials from Nigeria, Algeria, Qatar and Egypt met with executives from about 30 U.S. companies in the closed-door session organized by former U.S. Energy Secretary Spencer Abraham's consulting shop. Both producers and consumers stressed that long-term contracts were key to securing future U.S. supplies of super-cooled LNG, Abraham told Reuters in an interview. The event drew officials, including former Federal Reserve chairman Alan Greenspan and Nigerian Oil Minister Edmund Daukoru. Source: Reuters