Marcellus Shale gas may head overseas: Alaska Business Wire | Alaska news at adn.com

PITTSBURGH (AP) – Drilling companies rapidly expanding their U.S. operations in places such as Pennsylvania’s vast Marcellus Shale formation repeatedly tout they are providing American jobs and securing the nation’s energy future.

Yet, a Tribune-Review examination found foreign companies are buying significant shares of these drilling projects and making plans for facilities to liquify and ship more of that natural gas overseas.

A leading player in the natural gas grab is China, whose thirst for energy to fuel its industrial explosion is growing rapidly. Others include the governments of South Korea and India, and companies in Great Britain, the Netherlands, Norway, Japan and Australia.

via Marcellus Shale gas may head overseas: Alaska Business Wire | Alaska news at adn.com.

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