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Reuters reports that Cheniere Energy (AMEX:CQP) receives approval from the Department of Energy to export U.S. natural gas to major importers overseas.
Reuters reports that Cheniere Energy (AMEX:CQP) receives approval from the Department of Energy to export U.S. natural gas to major importers overseas.
The market news is quoted as saying:
Cheniere has the authorization to export up to 803 billion cubic feet of natural gas per year to major LNG importers across the globe, from Brazil to Japan, in the form of liquefied natural gas, Cheniere said. That amounts to more than 3 percent of U.S. gas consumption.