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OEM applauds Cameron LNG approval

LNG Industry,

Our Energy Moment (OEM) applauded the US Department of Energy (DOE)’s decision to issue final authorisation to Cameron LNG, LLC (Cameron) to export domestically produced LNG to countries without a Free Trade Agreement (FTA) with the US from the Cameron LNG Terminal in Cameron Parish, Louisiana. "Allowing projects like Cameron LNG to move forward with construction will help create tens of thousands of jobs in Louisiana," said Andrew Ware, an OEM spokesperson.

"OEM applauds the announcement from the DOE and looks forward to the Department addressing other export applications in an efficient and thorough process."

The OEM’s backing comes as a number of other companies and senior government figures have issued public backing for the DOE’s approval of LNG exports to non-FTA countries. Yesterday, The American Petroleum Institute (API) voiced its approval as did US Senator Lisa Murkowski.

The decision by the DOE will enable Cameron to export up to 1.7 billion standard ft3/day of natural gas for a period of 20 years. The DOE also issued final authorisation to Carib Energy LLC to export LNG to non-FTA countries at up to the equivalent of 0.04 billion ft3/day of natural gas for an equal period.

Adapted from press release by Ted Monroe

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