President of the Center for Liquefied Natural Gas (CLNG), Bill Cooper, has welcomed the conditional approval by the US Department of Energy (DOE) of Cameron LNG’s non-free trade agreement application to export liquefied natural gas from Louisiana.
Cooper issued the following statement:
“The approval order for Cameron LNG is an incremental victory for our economy and our workforce, industries and trading partners. I congratulate Cameron LNG for reaching this important milestone. The pending applications in DOE’s queue represent a tremendous opportunity to grow the US economy by unleashing billions of dollars of investment, while creating thousands of jobs and increasing revenues to state and local governments. By deciding those pending applications expeditiously as DOE’s rules require, those projects will have a chance to compete in the international marketplace and bring dollars back to the United States. If not, the winner will be attrition, which really means no winner at all.
“There is an overwhelming amount of evidence that LNG exports are in the public interest. We urge DOE to consider all pending applications without delay,” Cooper concluded.
Adapted from press release by Katie Woodward