Earlier this year, the Federal Energy Regulatory Commission (FERC) has approved Freeport LNG Development to site, construct, and operate facilities to liquefy and export domestic natural gas from its existing liquefied natural gas (LNG) import terminal located near the city of Freeport, Brazoria County, Texas.
API upstream and industry operations director Erik Milito said: "Each export facility represents an opportunity to harness America’s economic strength as the world’s largest natural gas producer.
"As the Department of Energy confirmed in another report last month, U.S. exports of natural gas will lead to greater domestic energy production, more U.S. jobs, and a stronger economy.
"The DOE’s approval is a welcome signal that policymakers recognize the economic and strategic importance of U.S. energy exports.
"We are pleased with the progress the administration is making on LNG exports, and we urge them to continue working with leaders in Congress who are ready to accelerate America’s growth as an energy superpower by streamlining the permitting process and opening the doors to free trade."
API includes large integrated companies, as well as exploration and production, refining, marketing, pipeline, and marine businesses, and service and supply firms.
