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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: Biomaven who wrote (180509)	11/19/2013 1:55:39 PM
From: Dennis Roth	1 Recommendation Recommended By evestor Read Replies (3) of 206195

Latest approval for exporting US LNG a disappointment: Freeport CEO Washington (Platts)--18Nov2013/407 pm EST/2107 GMT platts.com The US Department of Energy's latest conditional approval allowing Freeport LNG to ship more liquefied natural gas from its proposed Texas terminal falls 1 Bcf/d short of the Houston-based company's export plans, creating excess capacity and potentially complicating future expansion, the company's CEO said Monday. "We're quite disappointed in the order itself," Freeport CEO Michael Smith said in an interview... ...Following Friday's Freeport announcement, there are at least 20 non-FTA export applications in line waiting for DOE approval, but Smith said that likely only one more, Sempra LNG's application to ship 1.7 Bcf/d from its Cameron LNG facility in Louisiana, will likely be approved before the DOE imposes a moratorium on new approvals. DOE will likely wait to study new, year-end data before its next approval... === Biomaven, It looks like Jordon Cove will have to wait while DOE does another study.

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