"Handshake across the Himalayas"
India and China will study new ways to ease tensions along their ill-defined border, Chinese Premier Li Keqiang said on Monday in his first foreign trip since taking office, which comes just weeks after a military stand-off between the Asian giants in the Himalayas. Full Article | Slideshow
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Exxon, Qatar Petroleum JV looks to export U.S. natural gas-WSJ
Aug 17 (Reuters) - Golden Pass Products LLC, a joint venture of Exxon Mobil Corp and Qatar Petroleum, is seeking U.S. authorities' permission to export liquefied natural gas from a terminal near the Texas-Louisiana border, the Wall Street Journal said, quoting an executive.
Exxon and its partner would spend $10 billion to convert a new terminal near Port Arthur, Texas, into a facility capable of exporting 15.6 million tons of LNG per year, the newspaper said. It was built to import natural gas, it said.
According to the joint venture application, the LNG would be exported to countries with which the United States has a free-trade treaty, the Journal said.
The regulatory approval could take several years to pass and the facilities could take about five years to build, the Journal said, quoting Bill Davis, project executive for Golden Pass Products.
Exxon and Qatar Petroleum were not available for comment outside regular business hours.
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