Reuters: U.S. likely to cap gas exports - analysts

Industrial lobbying in the United States is likely to put a cap on potentially huge natural gas exports, benefiting domestic industries such as petrochemicals and refining, but limiting export profits from gas-hungry Asia and Europe.

The U.S. has experienced a boom in shale gas exploration, which will potentially turn it from a net importer of natural gas into a gas exporter. Several companies have applied for licences to export excess domestic reserves to Europe and Asia.  MORE