The American Petroleum Institute (API) has issued a statement welcoming the US Department of Energy’s (DOE) decision to authorise Golden Pass Products LLC to export LNG to countries that do not have a free trade agreement (FTA) with the US.
The LNG will be exported from the Golden Pass Terminal near Sabine Pass, in Jefferson County, Texas, US.
The API’s Executive Vice President and Chief Strategy Officer, Marty Durbin, said: “The United States leads the world in production and refining of oil and natural gas, and that competitive advantage presents a valuable opportunity to grow our economy through energy exports […] Expanding natural gas exports will help create jobs here at home and provide energy security to US allies seeking a reliable alternative to energy supply from nations that use energy resources as a political weapon.
“Just as greater use of natural gas for US electricity generation has cut our carbon emissions to levels not seen in three decades, US natural gas can help reduce emissions in other nations. Numerous LNG export facilities still await approval, and giving the greenlight to Golden Pass is a positive step toward expanding US energy leadership.”
Read the article online at: https://www.tanksterminals.com/storage-tanks/27042017/api-welcomes-golden-pass-lng-exports/