LNG: Import Or Export? That Is The Question

Law360, New York (March 30, 2012, 1:06 PM EDT) -- Just a few years ago, the price of natural gas was high enough to encourage development of liquefied natural gas (LNG) import terminals to receive LNG from foreign gas producers and then “re-gassify” such gas before sending it to existing interstate pipelines.

Three such facilities were proposed in Oregon, after a failed attempt to site an LNG terminal in California. The presumption had been that due to the high capital cost of the terminal and related pipeline, and because of market constraints, there would be but...
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