The Center for Liquefied Natural Gas (CLNG) has praised the US Department of Energy’s decision to authorise LNG exports from the Golden Pass LNG terminal to countries that do not hold a free trade agreement (FTA) with the US.
CLNG Executive Director, Charlie Riedl, said: “The Center for Liquefied Natural Gas congratulates Golden Pass Products on receiving their authorisation from the Department of Energy to export LNG to Non-Free Trade Agreement countries.
“After years of effort to secure the necessary regulatory permits, this milestone is the latest example of how the LNG industry can flourish in the United States when government regulators work with industry to process permits quickly and efficiently. As numerous studies have demonstrated, including one by the Department of Energy from 2015, increased LNG exports will result in overall economic benefits to the United States upwards of US$20 billion in average annual GDP growth through 2040. The approval granted today is critical for the United States to fully recognise the potential benefits of its vast natural gas resources.”
Read the article online at: https://www.tanksterminals.com/storage-tanks/27042017/clng-praises-doe-authorisation-of-golden-pass-lng-exports/