U.S. senators urge quick approval of small-scale LNG exports

U.S. senators urge quick approval of small-scale LNG exportsSenator Bill Cassidy (Image courtesy of cassidy.senate.gov)

U.S. senators Bill Cassidy and Marco Rubio pushed a legislation to expedite the approval of small-scale LNG exports. 

The senators’ legislation is in line with the Department of Energy’s proposed rule to expedite the approval of small-scale exports of natural gas to customers in the Caribbean, Central America, and South America.

According to a joint statement, senators Cassidy and Rubio propose to expedite approval of exports equal to or less than 51.1 billion cubic feet of natural gas per year.

The Caribbean small-scale LNG export market represents a relatively untapped outlet as the United States only exported approximately three billion cubic feet of natural gas to the region in 2016.

Increasing exports of U.S. LNG will decrease Caribbean & Central American reliance on Venezuelan fuel oil, increase economic opportunities, and offer a cleaner-burning fuel source for those nations, the statement reads.

The current permitting process for LNG export facilities is expensive, and small-scale projects often are not cost effective under current conditions, the statement reads.

Reducing the time and investment required for small-scale exports would result in the increase in LNG exports.

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