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Business trends

Surging China demand gives boost to LNG investment in US

Multiple gas plant construction projects start up after two-year slump

An LNG plant is under construction by Japan's Chiyoda in Texas in March this year. (Courtesy of Freeport LNG)

TOKYO -- Liquefied natural gas plant investment in the U.S. is making a comeback. Resources exploration companies have until recently held off on spending, ever since oil prices collapsed starting in 2014. 

But things are looking up. U.S. LNG producer Cheniere Energy has decided to construct a new plant in that country, the first such project in two years. Rising LNG imports to China are providing a tailwind for plant construction companies, which have been under pressure to land new orders.

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