Cheniere's Louisiana plant takes export lead in US
A company founded to import LNG is ready to begin exporting cheap US gas
In 2008, Cheniere Energy’s Sabine Pass liquefied natural gas (LNG) was to be the largest receiving terminal in the US – and the world. But the plant, located in Cameron Parish, Louisiana, is now poised to lead the US into a brave new world of LNG exports. In 2006 the Federal Energy Regulatory Commission approved 17 import terminals with more than 24 billion cubic feet a day (cf/d) of import capacity, or a third of gross US demand of 80bn cf/d. Sabine Pass was being configured to import 4bn cf/d, or more than a quarter of that need. That was before shale gas transformed the US energy landscape. Cheniere chairman Charif Souki says the rise of unconventionals came on faster and stronger than an
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