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More Countries Board to Export LNG

With Noble Energy (NYSE: NBL  ) making big natural gas discoveries off the coast of Israel, the country has decided that it wants to throw its hat into the liquefied natural gas, or LNG, export ring. Since Israel is close to Europe, it could become a very strong competitor for one of the higher-demand regions in the world for LNG, and put it at odds with several LNG projects in the U.S.

The project in Israel is just one of the many proposed LNG facilities around the world; there are so many arising that it's hard to see every single one of them making it. So many other countries want a piece of the LNG pie that it could become very difficult for certain players to compete. Tune in to the video below where contributor Tyler Crowe looks at some of the emerging LNG export locations and how they will affect the competitiveness of the U.S. in this market. Countries, countires 

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  • Report this Comment On July 02, 2013, at 3:51 PM, jmu1986 wrote:

    Exxon teaming up with Inter Oil has the lowest cost out of all the others in the world. How can that be troublesome, if the world is going bust due to cost, and EXXON and IOC has the lowest cost, all the rest of the world will obtain it through this outlet. Do you think you know more than EXXON? The cost overruns at PNG LNG now will be easily lowered when they buy the LNG from IOC at the lowest cost anywhere ! That means greater profits and greater exposure.

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