USAEE: The Game That Drives the LNG Train

This paper focuses on the game major oil companies play when selecting regasification terminals sites for importing liquefied natural gas (LNG) along coast lines of North America and delivering regasified gas into the North America energy market. This process is complicated and extensive for each participating firms in terms of capital and human investments. Furthermore, fierce competition exists among firms getting LNG cargos and serving demand areas. This paper puts a game-theory lens on the decision making process for firms and explores the strategic elements of the competition.