Algeria Energy Minister: New US Gas Output Leading To LNG Glut
- ORAN, Algeria -(Dow Jones)- New natural gas production from the U.S. is leading to an excess of capacity in liquefied natural gas, Algeria's energy minister said Monday. Chakib Khelil, speaking before a meeting of the Gas Exporting Countries Forum, of which he is president, said the glut had led to a drop in prices to which the group was trying to find solutions. -By Benoit Faucon , Dow Jones Newswires . +44 207 842 9266 . benoit.faucon@ dowjones.com Click here to go to Dow Jones NewsPlus, a web front page of today's most important business and market news, analysis and commentary: http://www.djnewsplus.com/access/al?rnd=8fKdcGjQRHlOQcJAuTpKDg%3D%3D. You can use this link on the day this article is published and the following day.
