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Gold/Mining/Energy : Big Dog's Boom Boom Room
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To: richardred who wrote (147181)3/14/2011 2:31:34 PM
From: Bearcatbob  Read Replies (2) of 206085
 
Cheniere Energy’s Sabine Pass LNG terminal, just a few miles south of Golden Pass on the Louisiana side of the river, opened in 2008, making it the first new LNG terminal in the U.S. in nearly two decades.

This week, however, it sent its first shipment of LNG abroad, a reflection of the glut of natural gas in the U.S. due to both the slower economy and the surge of gas production from onshore shale formations.

Did this really happen? I did not think we had liquefaction capacity in place yet.
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