Thursday 1 June 2017

America's Shale Gas Bounty Is Heading Overseas at a Record Clip - Bloomberg

America's Shale Gas Bounty Is Heading Overseas at a Record Clip - Bloomberg:

"America’s natural gas is flowing out of the country at a record pace, helping to ease a supply glut at home while tumbling prices for the fuel entice overseas buyers.

When the liquefied natural gas tanker Ribera Del Duero Knutsen left Cheniere Energy Inc.’s Sabine Pass export terminal in Louisiana late Tuesday, it became the 18th ship to depart the terminal in May. That’s the highest monthly total since the first vessel sailed from the facility last year."



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