U.S. LNG Cargo Shipped From Alaska to Japan

Tuesday, August 21, 2012

ConocoPhillips ships third LNG cargo from Alaska to Japan.

ConocoPhillips (COP) has shipped a third cargo of liquefied natural gas to Japan from the only U.S. LNG plant permitted to sell domestically produced fuel to the Asian country, reports Bloomberg.

ConocoPhillips’ license allows it to sell U.S.-produced gas to countries with which the nation has no free trade agreement. The Department of Energy awarded a similar authorization last year to Cheniere Energy Inc. (LNG), which plans a terminal in Sabine Pass, Louisiana.

Source: Bloomberg


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