Are More LNG Exports Around the Corner?

Updated

In the recent 2013 EIA Energy Conference, the newly appointed Secretary of Energy, Dr. Ernest Moniz, promised that the Department of Energy's approval process for LNG exporting facilities will be addressed expeditiously. This is good news since the recent Freeport LNG approval came two years after Cheniere Energy's Sabine Pass project secured a permit.

With plenty of natural gas arbitrage opportunities around the world, moving LNG to high-price markets is essential. With around 20 applications still on file, gaining non-free trade export approval will be intensely selective.

With domestic natural gas production growing faster than consumption, the United States is expected to become a net exporter of natural gas by the end of the decade. Cheniere Energy will become the first LNG exporter approved to ship to high-margin countries that are not members of a free trade agreement. With natural gas prices expected to rest in the $4-$5 range per MMbtu, Cheniere is primed for solid gains once the initial LNG trains start chugging in the first half of 2015. Don't wait until then - this 2013 darling continues to outperform the broad markets. Be sure to read all the details in this premium research report.


The article Are More LNG Exports Around the Corner? originally appeared on Fool.com.

Joel South has no position in any stocks mentioned. Taylor Muckerman has no position in any stocks mentioned. The Motley Fool recommends Dominion Resources and Spectra Energy. 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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