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U.S. Now One Step Closer To Being Net Natural Gas Exporter
By Ryan Koronowski on May 17, 2013 at 5:08 pm
http://thinkprogress.org/climate/20...tep-closer-to-being-net-natural-gas-exporter/
By Ryan Koronowski on May 17, 2013 at 5:08 pm
http://thinkprogress.org/climate/20...tep-closer-to-being-net-natural-gas-exporter/
Exporting natural gas just got easier.
This afternoon, the Department of Energy approved the second application for a facility to export liquefied natural gas (LNG) worldwide. Today’s approval to export up to 1.4 billion cubic feet of natural gas per day goes to Freeport LNG Expansion, on Quintana Island in Texas, for 25 years. The approval process now moves to the Federal Energy Regulatory Commissions (FERC), so the company is not in the clear yet.
Several companies have received nearly two dozen permits from DoE to export LNG to countries with which the U.S. has a free trade agreement (FTA), but the approval process has been much slower for permits to export to non-FTA countries. 19 facilities that want to export LNG to non-FTA countries are still under review by the Energy Department — including a joint project between ExxonMobil and Qatar Petroleum.
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