APPEC: LNG regasification capacity more critical than supply for Europe-Vitol

LNG regasification capacity and the availability of slots for discharging LNG cargoes are more important for Europe at this point in time than to build supply projects, which can happen later, Russell Hardy, Vitol’s chief executive said at the Asia Pacific Petroleum Conference in Singapore Sept. 26. Hardy said US gas production continues to increase and there is more gas…