Last month, ExxonMobil NYSE: XOM signed an agreement with Qatar Petroleum that will make it possible for the two companies to export natural gas from their proposed Golden Pass facility in Texas. If approved, the project could be especially beneficial for the U.K., which has become a major importer of natural gas over the past decade, as its domestic production has fallen sharply in recent years, even plunging to its lowest level since 1985 last year.
via A Closer Look at Exxons LNG Export Venture.
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