NEW YORK ( Trefis) -- The U.S. government could delay its decision on allowing energy companies to export natural gas from the country, according to reports. Currently, companies are required to seek permits to export gas to countries that do not have free trade agreements with the U.S.Hit by low gas prices in the North American market, many private players have approached the Department of Energy for export permits. Natural gas prices in the U.S. have collapsed to their lowest levels in a decade on excess production from shale exploration and companies are looking to target international gas markets, where prices for the commodity are significantly higher.
U.S. Could Delay Exxon Plans To Export Natural Gas
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