Report highlights economic benefits of LNG exports

12/5/2012 | Boston Globe (tiered subscription model), The

The U.S. economy stands to benefit from exporting liquefied natural gas, even if it boosts domestic prices for the commodity, according to a Department of Energy-commissioned report. The study was carried out to guide licensing procedures for 15 LNG export projects. "Exports can help grow the country's economy, help reverse our trade deficit and help bring back millions of U.S. jobs in engineering, manufacturing, construction and facility operations," said Erik Milito, upstream and industry operations director at the American Petroleum Institute.

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