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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: 2MAR$ who wrote (87177)	4/16/2012 9:13:51 PM
From: 2MAR$	Respond to of 217860

U.S. regulators approve Cheniere Energy's LNG export plant finance.yahoo.com The first project to export liquefied natural gas from the US in more than 40 years has been given its final approval by the federal energy regulator, clearing the way for the $10Bil construction to start at the site on the coast of Louisiana Sabine Pass by Chenier Energy . U.S. regulators on Monday approved the country's first liquefied natural gas export plant in nearly 50 years, which will open up cheap and abundant American supplies to importers across the globe. The Federal Energy Regulatory Commission (FERC) approval paves the way for construction to begin at Cheniere Energy's LNG plant at Sabine Pass, Louisiana, which will chill natural gas to a liquid for shipping overseas by as early as 2015. It marks a huge turnaround for the U.S. energy market that five years ago was scrambling to build gas import terminals before shale gas drilling provided decades of domestic reserves. Analysts say the project alone will do little to alleviate the glut in supplies that have sent domestic prices to 10-year lows, however. cont'd from $8 -$18