US senators urge DOE to slowdown LNG export approvals
Published by Callum O'Reilly,
Senior Editor
LNG Industry,
A group of 12 US Senators have sent a letter to US Secretary of Energy, Ernest Moniz, urging the US Department of Energy (DOE) to slow its LNG export approval process “until more terminals are operating and the impacts of LNG exports can be evaluated.”
In the letter, the signatories express concern that LNG exports will increase domestic natural gas prices. They also suggest that the the DOE “does not sufficiently consider climate change when reviewing LNG export applications.”
The letter concludes: “We ask that the DOE slow its approval process until the full impacts of currently approved exports are realised. In total, more than 60% of 2015 natural gas production has been approved for export, but only a small fraction of that has actually been exported to date. We believe it would be prudent for the DOE to first evaluate the impacts of approved projects, especially as new export terminals come online, before approving additional LNG exports.”
Edited from press release by Callum O'Reilly
Read the article online at: https://www.lngindustry.com/liquefaction/27092016/us-senators-urge-doe-to-slowdown-lng-export-approvals-3101/
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