U.S. gas producers rush to secure LNG export permits

12/26/2012 | Bloomberg

ExxonMobil, Sempra Energy and other natural gas suppliers are seeking export permits after a U.S. government report determined that exports to Asian countries will help spur economic growth, observers say. Consultants estimate that companies could secure clearance to deliver approximately 6 billion cubic feet a day of liquefied natural gas by 2025, which would be enough to provide for about 50% of the U.S.'s residential market.

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