EQT Corp., the leading US natural gas producer in the Appalachia Shale basins, reported lower third-quarter profits and cash flow as prices dropped and other expenses increased, including from integrating acquisitions, as it also continued to prepare for a renewed US LNG production surge.
Edge LNG, a company using proven mobile liquefaction units delivered by trailer, said it was selected to capture and liquefy shale gas from stranded wells in the Marcellus Basin.