Senators Reintroduce Bill to Speed Up Gas Exports
Republican senators last week reintroduced a bill that would lift restrictions on certain gas exports to countries that don’t have a free trade agreement with the U.S. The Natural Gas Export Expansion Act, first introduced in 2021 (see 2103290044), would “expedite” export permits for liquefied natural gas to non-FTA countries by treating those license reviews the same as shipments to FTA countries.
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Russia’s invasion of Ukraine last year “only further highlighted the urgency for the U.S. to expedite the permitting process for the exportation of natural gas to our allies,” said Sen. Shelley Moore Capito, R-W.Va., who reintroduced the bill along with Sens. Ted Cruz, R-Texas; Kevin Cramer, R-N.D.; and John Kennedy, R-La.
Cruz recently sent a letter to the Transportation Department accusing it of “unnecessarily” delaying deepwater port projects off the coast of Texas and hindering applications that could help the U.S. export more oil and natural gas (see 2302130039).