Forum Discussion
LindsayRichards
May 17, 2013Explorer
The DOE today OK'ed a LNG export terminal in Quintana Island, Texas. It will be capable of exporting 2% of current production of US totals which are below capacity now due to low sales costs. Another one in the same area is nearing approval and others around the US are in process of approval. This broke the logjam where Dow Chemical and Monsanto had been holding up approvals. Canada and Australia both are further along Texas. LNG is being quickly used in Europe and Asia.
Clicky
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