Cassidy Supports Expediting LNG Exports

Press Release

Congressman Bill Cassidy co-sponsored legislation to accelerate the approval process for Liquid Natural Gas (LNG) exports to our allies, which would likely include Ukraine. This would help to relieve nations that are potentially dependent on Russian fuel supplies by providing them with U.S. oil and gas. The Obama administration has cleared six applications to date, but 24 are still awaiting approval.

The Domestic Prosperity and Global Freedom Act, H.R. 6, would fast track pending LNG export applications for which a notice has been published in the Federal Register as of March 6, 2014. The legislation modifies the Department of Energy's standard for review for future applications by changing the standard from Free Trade Agreement (FTA) countries to World Trade Organization (WTO) members. Currently, countries without free trade agreements with the U.S. require an additional level of approval which often causes delay.

Dr. Cassidy released the following statement:

"Louisiana is a leader in energy production, and as a leader, it's important we take advantage of our natural gas supply to strengthen our interests abroad and help our allies in times of need. Accelerating the permitting process to export liquid natural gas (LNG) will not only help nations like Ukraine receive these necessary resources, but it will strengthen Louisiana's economy and bring more jobs to the region."

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