Congressman Mike Turner has reintroduced his bipartisan legislation, the ‘American Job Creation and Strategic Alliances LNG Act’, that would streamline the Department of Energy’s (DOE) regulatory process to export US LNG to World Trade Organization (WTO) countries.
Turner said: “This legislation is an opportunity for the United States to demonstrate international leadership, establish an active presence in the global energy market, and simultaneously retain huge and immediate economic benefits here at home.
“Over the last year, it has become clear through Putin’s actions that Russia will continue to use its energy resource dominance as a geopolitical weapon against our European allies. Putin’s functional monopoly on natural gas exports in Europe has left our allies vulnerable and without options, posing a direct threat to their security and independence.”
In March last year, following the US EU Summit, President Obama and leaders of the European Union issued a joint statement welcoming “the prospect of US LNG exports in the future since additional global supplies will benefit Europe and other strategic partners.”
Restrictions on exports
“These statements were encouraging, but they are not enough. This legislation is the opportunity to put that intent into concrete action,” explained Turner.
"The ‘American Job Creation and Strategic Alliances LNG Act’ would lift the self-imposed restrictions on US natural gas exports and provide our allies with an alternative and reliable source of energy. Immediately, the United States would provide our allies with assurance, greater choice and more opportunities to negotiate prices.”
Congressman Turner originally introduced ‘The American Job Creation and Strategic Alliances LNG Act’ on 4 March 2014.
Adapted from press release by Katie Woodward
Read the article online at: https://www.lngindustry.com/liquid-natural-gas/15012015/congressman-turner-pushes-lng-legislation-49/