Nov 22, 2010

Macquarie to fund LNG export facility



A North American trading arm of Macquarie Group says it will help Freeport LNG Development build a $US2 billion LNG export terminal.
The announcement by Macquarie's North American energy marketing and trading arm of the addition to an existing Texas import facility comes less than two weeks after a subsidiary of Cheniere Energy said it was working toward a deal to supply liquefied natural gas from its Sabine Pass terminal in Louisiana to one of China's largest independently owned natural gas companies.
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Source: The Australian

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