The American Petroleum Institute (API) has welcomed the Federal Energy Regulatory Commission’s (FERC) decision to approve the Cameron LNG export project.
The API also took the opportunity to urge Congress to accelerate the process for future LNG applicants.
API Upstream Group Director, Erik Milito, said: “After years of delay, the Cameron Liquefaction Project is only the second LNG export facility to receive final FERC approval along with its conditional approval from the Department of Energy […] This is great news for the workers of Louisiana and for the US economy, but it shows how slowly the current process is working to unlock the economic opportunities created by the US energy revolution. Members of both the House and Senate are working to expedite the process, and the sooner we act, the sooner that America can cut its trade debt, create thousands of new jobs, and harness its international power as the world’s top producer of natural gas.”
Adapted from press release by Callum O'Reilly