The Traderszone Network

Published in TZ Latest News 28 August, 2014 by The TZ Newswire Staff

Exclusive: Morgan Stanley plans natural gas export plant in new commodities foray

Morgan Stanley has quietly filed plans to build and run one of the first U.S. Department of Energy’s Office of Fossil Energy submitted in May, the Wall Street bank outlined a proposal to build, own and operate a compression and container loading facility near Freeport, Texas, which will have capacity to ship 60 billion cubic feet a year of compressed natural gas (CNG).

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