Nov 9, 2010
U.S. noses into Russia's gas domain
The United States may play a role this winter in loosening Russia’s grip on the European market for natural gas by shipping liquefied natural gas across the Atlantic.
Awash with domestic shale gas and with little need to import extra fuel, the United States has started re-exporting LNG cargoes, which firms had previously imported under contract, to countries where gas prices are much higher.
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Source: CTV News
Category:
Offshore and Energy
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