Petrodictators looking to invest in U.S. LNG
March 12th, 2009
You guessed it: the drug dealer is offering some freebies to get a few more folks hooked. Qatari Petroleum International announced yesterday that the country is open to taking a direct stake in new LNG receiving terminals in the U.S., seeking to boost revenue from fuel sales as it completes new facilities to export the gas.
Like mafia tales of old, though, Qatari officials said they would only be interested in investing in terminals where there are no competing LNG cargoes.
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