Nov 8, 2010

U.S. sends first gas to NW Europe in 50 years



(Reuters) - The United States is set to supply gas to Britain for the first time in half a century, with a liquefied natural gas (LNG) tanker expected to arrive from Louisiana in late November.
U.S. gas prices have fallen more than 30 percent since the beginning of the year, pressured by a surge in North American gas production which has also reduced U.S. LNG imports to minimal contracted volumes.
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Source: Reuters

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