Two US LNG importers seek permission to export LNG

Two filings with the Department of Energy reveal important information: two LNG import terminal companies (Cheniere Energy & Freeport) are seeking permission to EXPORT LNG, because, as the Cheniere Energy filing points out, "due to global LNG market conditions, U.S. natural gas demand and prices do not currently support the importation of LNG into the U.S."

http://edocket.access.gpo.gov/2008/pdf/E8-21059.pdf
http://edocket.access.gpo.gov/2008/pdf/E8-20991.pdf

Gotta love it. But investors in WestPac LNG may not sleep so well at night!