Florida's Only LNG Plant Is Scrapped as Shale Boom Sinks Demand

  • U.S. now poised to be a net natural gas exporter by 2017
  • Company cites `catastrophic changes' in market for decision

A proposed liquefied natural gas import project in Florida has become a casualty of a boom in domestic production that is poised to see the U.S. become an exporter of the power plant fuel by 2017.

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