Future LNG plants get federal OK to ship to more international markets
The U.S. Department of Energy has given a handful of projects in South Texas permission to ship liquefied natural gas to the growing Chinese and European markets.
Houston-based firms Annova LNG, NextDecade Corp. (Nasdaq: NEXT) and Texas LNG can now export to non-free trade agreement countries from the facilities they have proposed building at the Port of Brownsville. The companies had already been granted permission to export the product to nearly 20 FTA countries, including Australia, Mexico and…