The American Petroleum Institute (API) has welcomed the D.C. Circuit Court of Appeals’ decision to reject arguments made in opposition to the US Department of Energy’s (DOE) decision to grant Freeport LNG authority to export LNG from its terminal on Quintana Island, Texas, US.
API Executive Vice President and Chief Strategy Officer, Marty Durbin, said: “Increased natural gas exports will create jobs and increase the energy security for our nation and our allies throughout the world […] The court’s action today to deny the petition for review of Freeport LNG’s export authorisation is great news for other planned LNG export projects around the country. Moving forward, we must put in place smart, common-sense regulations that will continue to drive innovations in technology that will increase opportunities for American LNG throughout the world.”
The US Energy Information Administration recently reported that the US exported more natural gas than it imported in three of the first five months of 2017.
Durbin added: “Expanding US LNG exports is great news for US trade, American jobs, reducing global emissions and growing state and local economies – and for domestic natural gas production, as clean-burning US natural gas increasingly expands to global markets […] We are pleased with the progress the nation is making on LNG exports, and we will continue working with the administration and leaders in Congress who are ready to accelerate America’s growth as an energy superpower by streamlining the permitting process and opening the doors to free trade.”
Read the article online at: https://www.tanksterminals.com/special-reports/16082017/api-welcomes-rejection-of-freeport-lng-opposition/