Energy Department Authorizes Freeport LNG for Export

Energy Department Authorizes Freeport LNG for Export

The U.S. Department of Energy (DOE) has issued two final authorizations for Freeport LNG Expansion, LP, and FLNG Liquefaction, LLC, to export domestically produced liquefied natural gas (LNG) to countries that do not have a free trade agreement with the U.S. The Freeport LNG terminal in Quintana Island, Texas, is authorized to export LNG up to the equivalent of 1.4 billion standard cubic feet per day (Bcf/d) of natural gas and 0.4 Bcf/d, for a total authorized volume of 1.8 Bcf/d, for a period of 20 years.

According to the DOE, federal law requires approval of natural gas exports to countries that have an FTA with the U.S., and for countries that do not have an FTA with the U.S, the Natural Gas Act directs the DOE to grant export authorizations unless it finds that the proposed exports “will not be consistent with the public interest.”

3 Ways Technology is Going to Shape the Oil and Gas Industry Free to Download Today

Oil and gas operations are commonly found in remote locations far from company headquarters. Now, it's possible to monitor pump operations, collate and analyze seismic data, and track employees around the world from almost anywhere. Whether employees are in the office or in the field, the internet and related applications enable a greater multidirectional flow of information – and control – than ever before.

Related posts