U.S. regulators approve Cheniere LNG export plant

(Reuters) - U.S. regulators on Monday approved the country's first liquefied natural gas export plant in nearly 50 years, which will open up cheap and abundant American supplies to importers across the globe. The Federal Energy Regulatory Commission (FERC) approval paves the way for construction to begin at Cheniere Energy's LNG plant at Sabine Pass, Louisiana, which will chill natural gas to a liquid for shipping overseas by as early as 2015. It marks a huge turnaround for the U.S. ...

U.S. regulators granted Cheniere Energy approval on Monday to build an export plant for liquefied natural gas at Sabine Pass in Louisiana, the first project of its kind in the United States in 50 years. ...

Natural gas futures contracts closed at a price of $2.67 (per million BTUs) in trading Frida

Centrica Plc, the U.K.’s largest household energy supplier, signed a 20-year deal to import natural gas from the U.S., securing supplies as production from British North Sea fields decline.

There’s been a lot of ways to play the rebirth of American energy. The U.S. oil and gas patch has been booming – pipeline players, drillers, processing facilities and operators are just a few of the ways we’ve suggested to play it. Today I want to share one American investment that you’ll want to avoid. It’s hard not to get caught up in the euphoria. Oil is flowing from South Texas to North Dakota – and America’s total crude production is heading higher by the day. Same goes for natural gas. Today we’re producing more of the stuff than we’ve ever produced.

By Mike Maher:Cheniere Energy (LNG) fell off a cliff Tuesday night, as news of an equity offering pushed down shares. Cheniere plans to issue 33 million shares, with an underwriters option for another 4.95 million shares.

Profits from selling U.S. liquefied natural gas abroad may be elusive, belying the US$60-billion race for export licenses as the price gap between Asia and North America shrinks from record levels.

By Markus Aarnio:Natural gas prices are up 100% since the bottom made in April. (click to enlarge) Based on this observation I screened for natural gas-related stocks with recent insider buying. Here is a look at 5 stocks that I found.