U.S. approves additional LNG exports from Freeport LNG
WASHINGTON Nov 15 (Reuters) - The U.S. Department of Energy said on Friday it has conditionally approved more exports of liquefied natural gas from Freeport LNG in Texas, a move that could lead to more shipments of the fuel in coming years.
The approval is the fifth by the U.S. government since 2011 to countries with which it does not have a free trade agreement.
While the U.S. natural gas boom has led to a long list of applications to export the fuel, the Obama administration is weighing how fast to roll out approvals in order to keep domestic gas prices in check. The last approval, on Sept. 11, was for Dominion Resources Inc in Cove Point Maryland.
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DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.