Department of Energy Approves Company's Application for Non-FTA LNG Exports
The Energy Department authorized exports of liquefied natural gas to non-free trade agreement countries from a Texas terminal owned by Freeport LNG Expansion on May 17. Pending environmental review and final regulatory approval, Freeport will export up to 1.4 billion…
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cubic feet of natural gas a day for 20 years from its facility in Quintana Island, Texas. Freeport is the second company to gain Department of Energy approval to export LNG to non-FTA countries; energy associations and some House members have pushed for the Department to approve such applications more quickly (see 13042614). The U.S. Chamber of Commerce commended the authorization, saying it represents an “important next step in the recognition that America is well positioned to be a global energy leader,” (here).