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Cheap gas makes US only place where export makes sense

Freeport LNG Development LP is planning to build a new US$14 billion terminal on Quintana Island, Texas.


WHILE plunging prices tied to oil have derailed natural gas export projects from Australia to Africa, US plans to build new terminals are getting a boost from a pricing system that charges a set fee to liquefy and ship the gas.

The US model is based on how much gas is