|By Marketwired .||
|March 28, 2013 06:00 AM EDT||
SUGAR LAND, TX -- (Marketwire) -- 03/28/13 -- During the LNG 17 Conference and Exhibition, held April 16-19 in Houston, Texas, Industrial Info Resources (Sugar Land, Texas) will hold an LNG Spending Outlook and Networking Event at the Hilton Americas, conveniently located next to the George R. Brown Convention Center, where LNG 17 is taking place.
The Outlook presentation will begin at 4 p.m., Wednesday, April 17, and will be followed by a networking event with drinks and hors d'oeuvres from 5 p.m. to 7 p.m.
The presentation will touch on several issues surrounding the rapidly expanding global LNG market and its effects both in the U.S. and abroad.
LNG production stands to significantly change global trading patterns as U.S. natural gas producers, with an abundance of low-cost natural gas flooding the market, stand to gain tremendously by exporting LNG to Asian and European markets, where prices might be five times the current low U.S. natural gas price. These economics make the construction of LNG liquefaction and export facilities a very lucrative undertaking for U.S. natural gas companies.
In addition, the impact of low natural gas prices is driving growth in other industrial sectors, and Industrial Info's industry experts will discuss how these industries are planning expansions because of the low U.S. natural gas prices.
As most of the planned LNG facilities are concentrated in the Gulf Coast region between Texas and Mississippi, there will be a sharp increase in the regional demand for skilled craft labor, such as welders, pipefitters, ironworkers and others. The presentation will touch on the effects on the labor market caused by the construction of these massive LNG projects.
After the outlook presentation, there will be a networking session where attendees can talk directly with Industrial Info's experts and network with industry peers. Complimentary drinks and hors d'oeuvres will be served.
Click here to learn more or to R.S.V.P. for this exclusive event! Make sure to visit Industrial Information at Booth #515 for a demonstration of our products and to learn how Industrial Info can provide you with analytics, forecasts and market intelligence to help guide your business strategies!
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, and eight offices outside of North America, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. To contact an office in your area, visit the www.industrialinfo.com "Contact Us" page.