What is an LNG Export Terminal?

Three liquefied natural gas (LNG) export terminals are proposed for the Port of Brownsville, and the Brownsville Navigation District may grant leases for more. These plants will refine natural gas piped from the Eagle Ford Shale and the Permian Basin gas fields and then supercool it to -261 degrees Fahrenheit, so that it liquefies and condenses to 1/600th of its original volume. This processing will make it possible to ship the gas overseas to Europe and China where gas prices are higher and companies can make more profit.