US proposes to fast track natural gas exports

The US Government is proposing a new rule that would provide faster approval of small-scale exports of natural gas. The measure will expedite the review and approval of applications to […]

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By Priyanka Shrestha

The US Government is proposing a new rule that would provide faster approval of small-scale exports of natural gas.

The measure will expedite the review and approval of applications to export small amounts of natural gas in emerging liquefied natural gas (LNG) export markets.

That includes the Caribbean, Central and South America.

Under the new proposals, companies would get automatic approval as long as the exports are 140 million cubic feet per day or less and the Department of Energy does not need to carry out an extensive environmental review.

Energy Secretary Rick Perry said: “The Trump Administration is focused on finding ways to unleash American energy and providing a reliable and environmentally friendly fuel to our trading partners who face unique energy infrastructure challenges.”