Nick Snow
The US Department of Energy conditionally approved Freeport LNG’s request to export domestically produced LNG from its Quintana Island, Tex., terminal to countries that do not have a free trade agreement with the US.
The conditional authorization allows exports up to 1.4 bcfd for 20 years and is subject to environmental review and final regulatory approval. DOE approved Freeport’s application to export LNG from the terminal to FTA countries on Feb. 11. The May 17 announcement was DOE’s second LNG export approval to non-FTA countries; its first for as much as 2.2 bcfd of gas came earlier in May to the Sabine Pass terminal in Cameron Parish, La.
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Other business groups responded favorably. “Today’s decision by [DOE] represents an important next step in the recognition that America is well positioned to be a global energy leader,” Karen A. Harbert, president of the US Chamber of Commerce’s Institute for 21st Century Energy, said.
Read the full article at Oil & Gas Journal.