It wants to build a liquefied natural gas terminal by 2014 to break its dependence on pricey Russian gas.

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Earlier this year Dow moved to hedge future gas demand at its giant Freeport, Tex. complex by investing in a liquefied natural gas import terminal.

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With plans to build a liquefied natural gas (LNG) terminal, Mozambique could be a big exporter within a decade.

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"Exports are positive for the economy it's a job creator, good for the balance of trade, just a whole list of positives, " says Bill Cooper, president of the Center for Liquefied Natural Gas, which represents gas producers, terminal operators and others in the energy business.

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