But the surfeit of regasification capacity has created opportunities to divert cargoes to the most lucrative market.

ECONOMIST: Liquefied natural gas

Pipelines from neighbouring countries (including one of 1, 100 miles from gas-rich Turkmenistan) and LNG regasification terminals have proliferated.

ECONOMIST: Global reserves

More unusual still: The project will be the first ever LNG receiving and regasification terminal on the West Coast of North America.

FORBES: Gas Guzzler

Sabine Pass was designed as a regasification plant for a time when domestic gas would decline and America would need to import LNG.

ECONOMIST: Thanks to LNG, spare gas can now be sold the world over

Gasfin is an independent developer and operator of innovative small and mid-scale LNG solutions across the LNG infrastructure chain from liquefaction to shipping, storage, regasification and local distribution.

WSJ: GE Unveils LNG In A Box(TM) System; Gasfin Selects New Technology for Fueling Stations in Europe

But regasification capacity is growing much faster.

ECONOMIST: Liquefied natural gas

If it hopes to crack the world's biggest market, the U.S., it needs help every step of the way--from tapping the reserves and liquefying the gas to acquiring capacity at the handful of regasification terminals in North America.

FORBES: International

One trick is to build plants just over the border in a more welcoming country: Sempra, an American firm, has built a regasification plant in Mexico, just across the border from California, where regulators have yet to approve such a facility.

ECONOMIST: Liquefied natural gas