[thackney]

The new pipeline to the gulf coast and the new natural gas export terminals on the gulf coast are tied to the completion of the expansion of the panama canal so these products can easily get into the Pacific and onto Asia.

Europe is closer and very interested in sources other than Russia and OPEC.

[Ben Ficklin]

I don't mean to say that Asia is the only market but it is a sizable market. Look at the deal announced yesterday in which the Japan companies are taking an equity position in both Cheniere's export terminal and distribution chain

OTOH, Cheinere is already diverting their imported gas to Europe.

The gulf coast doesn't have a lock on the asian market. Alaska wants part of it. Canada wants to get their natural gas to the pacific, possibly to WA since they have announced an export terminal there.