...to increase value 10 fold..., page-4

Yes slippin, surprise, surprise........but which one?
Surely AFTER the DOMGAS requirements have been satisfied.

Regret to post such a long info, but IMO important to all BRU and NSE holders is, that in USA the first LNG EXPORT terminal has been approved 2 days ago for Freeport (see next 2 articles).

Important is, that this LNG terminal is partly owned by CONOCO. Next to MITSUBISHI, HESS and PETROCHINA
who will be the next giant in the Canning Basin?
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Gas Export Approval Not Seen Signaling U.S. Permit Flood
By Jim Snyder & Edward Klump - May 18, 2013 12:30 PM ET
http://www.bloomberg.com/news/2013-05-17/u-s-approves-gas-export-terminal-partly-owned-by-conocophillips.html
The conditional approval of a natural gas export terminal in Texas doesn’t necessarily open the floodgates for overseas sales as the U.S. weighs how best to use its growing energy resources.
The U.S. Energy Department said yesterday that exports from the Freeport LNG project, partly owned by Dow Chemical Co. (DOW) and Osaka Gas Co. (9532), according to the venture’s website, offered net economic benefits and reflected the “transformative impact” of record gas production from hydraulic fracturing in shale rock formations.
How much of that bonanza should be sold to non-U.S. customers has been hotly debated in Washington in recent months as the Energy Department weighs 20 applications for export terminals. While industry groups welcomed the decision, analysts were split on how quickly the export facilities will go forward.
“I think we need to see more than one to get an idea of what the pace is going to be,” said Randy Bhatia, an analyst with Capital One (COF) Southcoast in Houston. The size and scale and complexity of a project may effect the pace of review, he said.
“We don’t think it’s going to open the floodgates” for the department’s approval of other applications, Mihoko Manabe, vice president and senior credit officer for Moody’s Investors Service Inc., said in a phone interview.
Manabe said she expects the Energy Department to approve LNG export facilities proposed byDominion Resources Inc. (D) of Richmond, Virginia, and Sempra Energy (SRE) of San Diego.

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Energy Department Authorises Second Proposed Facility to Export Liquefied Natural Gas
May 17, 2013 - 12:00pm
http://energy.gov/articles/energy-department-authorizes-second-proposed-facility-export-liquefied-natural-gas

WASHINGTON – The Energy Department announced today that it has conditionally authorised Freeport LNG Expansion, L.P. and FLNG Liquefaction, LLC (Freeport) to export domestically produced liquefied natural gas (LNG) to countries that do not have a Free Trade Agreement (FTA) with the United States from the Freeport LNG Terminal on Quintana Island, Texas. Freeport previously received approval to export LNG from this facility to FTA countries on February 10, 2011. Subject to environmental review and final regulatory approval, the facility is conditionally authorised to export at a rate of up to 1.4 billion cubic feet of natural gas a day (Bcf/d) for a period of 20 years. The Department granted the first authorisation to export LNG to non-FTA countries in May 2011 for the Sabine Pass LNG Terminal in Cameron Parish, Louisiana at a rate of up to 2.2 Bcf/d.
The development of U.S. natural gas resources is having a transformative impact on the U.S. energy landscape, helping to improve our energy security while spurring economic development and job creation around the country. This increase in domestic natural gas production is expected to continue, with the Energy Information Administration forecasting a record production rate of 69.3 Bcf/d in 2013.
Federal law generally requires approval of natural gas exports to countries that have an FTA with the United States. For countries that do not have an FTA with the United States, the Natural Gas Act directs the Department of Energy to grant export authorisations unless the Department finds that the proposed exports “will not be consistent with the public interest.”
The Energy Department conducted an extensive, careful review of the application to export LNG from the Freeport LNG Terminal. Among other factors, the Department considered the economic, energy security, and environmental impacts - as well as public comments for and against the application and nearly 200,000 public comments related to the associated analysis of the cumulative impacts of increased LNG exports – and determined that exports from the terminal at a rate of up to 1.4 Bcf/d for a period of 20 years was not inconsistent with the public interest.