A major US LNG plant received approval to increase its exports by two-thirds, underscoring what one equity analyst notes as increasing optimism over industry’s long-term fundamentals.
US gas producer Sempra Energy said its Cameron LNG plant received regulatory approval to increase exports to countries that do not have a free-trade agreement with the US.
While US regulators generally fast track approvals to export LNG to countries that have free trade agreements, those without free trade agreements can face more scrutiny over concerns over whether such agreements are in the national interest.
However,
