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Senator Murkowski welcomes LNG export news

LNG Industry,

US Senator Lisa Murkowski has applauded the Department of Energy (DOE) for granting final approval to two LNG gas export projects – Cameron LNG in Louisiana, and Carib Energy in Florida.

Streamline review process

The approvals come after a number of calls from Murkowski for the Department to streamline its export review policies to ensure that American natural gas maintains its competitive edge in the world marketplace.

Murkowski commented: “I have long advocated for expediting federal approval of increased natural gas exports. The economic and energy security benefits of exporting LNG to our friends and allies are straightforward and irrefutable. Today’s market-based decision is a step in the right direction and one I hope will be repeated soon and often.”

In June, Murkowski pressed DOE officials to continue issuing conditional licenses until proposed changes to its application process were finalised, and then to quickly issue final licenses to projects that had already been through environmental review by the Federal Energy Regulatory Commission (FERC).

Swifter action

Murkowski said this latest action by the DOE is further evidence that the administration is taking seriously requests for swifter action on applications to ship LNG to non-free trade countries.

The DOE issued a conditional license to Oregon LNG at the end of July, prior to finalising changes to its application process on 15 August. These latest approvals will allow Cameron to export up to 1.7 billion ft3/d of LNG, and Carib to export up to 40 million ft3/d, both for periods of 20 years.

LNG exports

“It appears that Secretary Moniz has been able to take positive steps to right the ship on LNG exports. That’s good news for our economy because we can’t afford to sit on the sidelines as other producing countries compete for market share,” Murkowski concluded.

Adapted from press release by Katie Woodward

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