U.S. approves additional LNG exports from Freeport LNG

Reuters

WASHINGTON, Nov 15 (Reuters) - The U.S. Department of Energysaid on Friday it has conditionally approved more exports ofliquefied natural gas from Freeport LNG in Texas, a move thatcould lead to more shipments of the fuel in coming years.

The approval is the fifth by the U.S. government since 2011to countries with which it does not have a free trade agreement.

While the U.S. natural gas boom has led to a long list ofapplications to export the fuel, the Obama administration isweighing how fast to roll out approvals in order to keepdomestic gas prices in check. The last approval, on Sept. 11,was for Dominion Resources Inc in Cove Point Maryland.