US government approves Cheniere LNG export plans

NEW YORK, June 8 (Reuters) - Cheniere Energy (LNG.A) has received U.S. government approval to re-export foreign-sourced liquefied natural gas from its Sabine Pass terminal in Louisiana.

The final approval from the Department of Energy follows approval given by the Federal Energy Regulatory Commission last week.

"We have just received DoE approval," a company spokeswoman told Reuters on Monday.

She declined to give a dateline for when modifications would take place to allow export flows of gas from the import-only terminal, but said that work is only expected to take a day or so.

Cheniere plans to take advantage of seasonal prices changes in the LNG market by importing the super-cooled gas during summer when prices are low, storing it and then re-exporting when prices are higher, most likely in winter.

(Reporting by Edward McAllister; Editing by Lisa Shumaker)