API welcomes continued progress on LNG export permits
API President and CEO, Jack Gerard, has welcomed the authorisation by the US Department of Energy (DOE) for LNG exports to non-FTA countries from the Jordan Cove terminal in Coos Bay, Oregon. Gerard also urged the agency to quickly process the 20 remaining applications.
US energy security
Gerard commented: “The economic and strategic benefits of natural gas exports have sparked a bipartisan chorus for action. T[he] approval is a welcome step toward greater energy security, and our industry stands ready to help the administration strengthen America’s position in the global energy market and provide greater security to our allies around the world. We urge the administration to continue making US exports a priority.”
Gerard also cited a recent study of US job gains and economic growth associated with future exports of LNG. According to the report by ICF International, the economic benefits of LNG exports will extend far beyond natural gas-producing states, driving national job growth and increasing demand for US steel, cement, equipment, and other goods.
Adapted from press release by Katie Woodward
Read the article online at: https://www.lngindustry.com/liquid-natural-gas/26032014/api_welcomes_progress_on_lng_export_permits_340/
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