More Countires on Board to Export LNG
With Noble Energy making big natural gas discoveries off the coast of Israel, the country has decided that it wants to throw its hat into the liquefied natural gas, or LNG, export ring. Since Israel is close to Europe, it could become a very strong competitor for one of the higher-demand regions in the world for LNG, and put it at odds with several LNG projects in the U.S.
The project in Israel is just one of the many proposed LNG facilities around the world; there are so many arising that it's hard to see every single one of them making it. So many other countries want a piece of the LNG pie that it could become very difficult for certain players to compete. Tune in to the video below where Fool.com contributor Tyler Crowe looks at some of the emerging LNG export locations and how they will affect the competitiveness of the U.S. in this market.
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The article More Countires on Board to Export LNG originally appeared on Fool.com.Fool contributor Tyler Crowe has no position in any stocks mentioned. You can follow him at Fool.com under the handle TMFDirtyBird, on Google +, or on Twitter, @TylerCroweFool. The Motley Fool recommends Chevron and Dominion Resources. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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