U.S. Approves Exports from First Floating LNG Terminal in Gulf of Mexico

By Naureen S. Malik (Bloomberg) -- The first floating terminal proposed to export natural gas out of the Gulf of Mexico has been cleared by U.S. regulators to send cargoes overseas. Fairwood Peninsula Energy Corp.’s Delfin liquefied natural gas project gained approval from the Energy Department on Thursday to send 1.8 billion cubic feet of LNG a day to countries that don’t … [Read more...]