Today Energy Transfer controls the largest gas pipeline network in Texas.

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The company was already heavily invested, and owned the largest natural gas pipeline that existed outside Russia, a colossal interstate network.

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First and foremost, the boom depends on a free, liquid, competitive market in gas, underpinned by an extensive and well-regulated pipeline network.

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Natural gas, however, is primarily a continental market running along the pipeline network.

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The LNG is turned back into gas at the Milford Haven terminals and pumped into the UK network along a specially built pipeline running from Milford to Gloucestershire.

BBC: The LNG terminal near Milford Haven in Pembrokeshire

The LNG would then be carried by an undersea pipeline to the Great Lakes site where it would be converted back to natural gas and sent into the UK gas network.

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