Udall introduces updated bill to accelerate LNG export approvals

US Sen. Mark Udall (D-Colo.) introduced an updated version of his earlier bill aimed at accelerating federal approvals of LNG export projects. The new measure accounts for the US Department of Energy’s proposal to revise the process for determining whether such projects are in the US national interest, he explained on June 18 (OGJ Online, May 29, 2014).

“Colorado's natural gas has an important role to play in creating jobs and promoting global stability,” said Udall, who is a Senate Energy and Natural Resources Committee member. “By speeding up [DOE’s] review of pending [LNG] export facilities, my bill would cut red tape and complement the agency's newly announced review process.”

The latest bill, which is co-sponsored by the committee’s chairwoman, Mary L. Landrieu (D-La.), and US Sen. Mark Begich (D-Alas.) also provides DOE with sufficient time to consider each application’s environmental and national security implications without delaying the process unnecessarily, Udall said.

Specifically, he said, his latest bill would:

·  Require DOE to make a final decision on whether an LNG export application is in the national interest within 45 days of the associated National Environmental Policy Act review being finalized.

·  Allow for expedited judicial review if DOE does not make a decision within 45 days.

·  Require DOE to report to the public the countries to which the LNG would be exported.

The Industrial Energy Consumers of America quickly expressed opposition to the new bill. “With domestic gas prices forecast to rise over 160% in 10 years, expediting LNG exports beyond what has already been approved by [DOE] is reckless public policy that will drive up the cost of gas and electricity to all consumers and seriously damage manufacturing competitiveness and jobs,” IECA Pres. Paul N. Cicio said on June 19.

Contact Nick Snow at nicks@pennwell.com

Related Articles

Market watch: Energy futures prices rose slightly Friday

05/06/2002 Crude oil futures prices rose slightly Friday amid lingering uncertainty about a possible disruption of Middle East supplies, although tensions in ...

Gulf of Mexico oil service sector showing signs of an upturn

05/06/2002 The Gulf of Mexico oil service sector is experiencing the signs of an upturn, analysts with Simmons & Co. International, UBS Warburg LLC, and RBC D...

OTC: Industry, national agencies need to work together to make FPSOs work in the gulf

05/06/2002 Over the coming years, the oil and gas industry will have to keep an open line of communication with national agencies such as the US Coast Guard a...

Market watch: Energy futures prices fall as Iraq lifts embargo

05/07/2002 Crude oil futures prices fell Monday after Iraq announced plans to lift a self-imposed export embargo with exports expected to resume by Wednesday.

Careers at TOTAL

Careers at TOTAL - Videos

More than 600 job openings are now online, watch videos and learn more!

 

Click Here to Watch

Other Oil & Gas Industry Jobs

Search More Job Listings >>
Stay Connected