LNG WILL GROW
When the first US export shipment of liquefied natural gas leaves the US Gulf Coast later this year, gas trading will fulfil its long-held promise of going truly global.
Cheniere Energy's Sabine Pass terminal in Louisiana is expected to ship its first LNG tanker around December, bringing US shale gas to world markets at a time when trading of the super-cooled fuel is picking up.
LNG is expected to surpass iron ore as the second most valuable physical commodity after oil this year, according to analysts at Goldman Sachs, who predict it will top $120bn.
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