Notes and Sources

1 Throughout this document, measurements will be given in cubic feet of natural gas and metric tons of LNG. Usage of the word ‘ton’ for the remainder of this document denotes metric ton.

2 Andy Flower, President, Andy Flower LNG Associates.

3 In this report,“short-term”refers to a period of less than 12 months

4 Throughout this report the term “Pacific Basin” will be used to describe LNG activity along the Pacific Rim (including Alaska) and in South Asia (including India). The term “Atlantic Basin” will include all activity in Europe, Africa (including North and West Africa), and the Western Hemisphere (not including the Alaskan terminal on the Pacific Ocean).

5 See Appendix B for a discussion of measuring liquefaction capacity.

6 Puerto Rico, a territory of the United States, also imports LNG. In this report Puerto Rico is not counted as an independent country, but is listed separately from the United States because it is not part of the continental United States and does not connect to U.S. natural gas pipelines.

7 Mexico is considered an LNG-importing country, though it currently has no regasification terminals and receives LNG via truck from the United States.

8 Regasification capacities listed in this report are peak capacities rather than baseload regasification capacities. Please see Appendix B for a discussion of measuring regasification capacity.

9 Portugal began operation of its first LNG terminal at Sines in 2003. Prior to the opening of the terminal, Portugal imported LNG from Nigeria via a regasification terminal in Spain.

10 Although numerous additional countries could become LNG importers in the future, this list includes countries in which sites have already been identified for proposed LNG facilities.

11 This section refers only to imports into the continental United States.

12 To be released and posted to http://www.eia.doe.gov/oiaf/aeo/index.html by December 16, 2003.

13 In this section, the United States includes all 50 states, but excludes U.S. territories.

14 It is industry practice to measure LNG shipping capacity in cubic meters of liquid.

15 A natural gas pipeline hub on the Louisiana Gulf coast. It is the delivery point for the natural gas futures contract on the New York Mercantile Exchange (NYMEX).

16 Koji Morita, “LNG: Falling Prices and Increasing Flexibility of Supply—Risk Redistribution Creates Contract Diversity,” International Institute of Energy Economics, Japan, March 2003, page 7.

17 “Shorter Periods, Partial FOB Transactions Spice Japanese-Malaysian LNG Contracts,” LNG Express, July 2003, page 15.

18 “Long-term” refers to periods greater than or equal to 12 months.

19. andy Flower, President, Andy Flower LNG Associates.

20 James Jensen, President, Jensen Associates Inc.