Corpus Christi LNG export project gets approval

Markets

Tuesday, February 05, 2013

Pangea LNG (North America) Holdings, LLC, the Woodland's, Texas-based subsidiary of the Netherlands-based Pangea LNG B.V, said Monday the Energy Department has granted it permission to export liquefied natural gas (LNG) to U.S. free trade agreement (FTA) nations from Corpus Christi Bay. Pangea said it was granted "long-term, multi-contract authorization" to export up to 8 million metric tons per year produced from domestic gas fields for a 25-year term. Pang...

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