New Bill Would Require DOE to Act on LNG Export Applications Within 60 Days
Posted on Dec 30, 2013 in Federal Regulation, LNG Exports, Policy, Legislation and Politics | Comments Off on New Bill Would Require DOE to Act on LNG Export Applications Within 60 Days
U.S. Representative Ted Poe (R-Tex.) has introduced the “Export American Natural Gas Act of 2013″ (H.R. 3760), which would “provide for the expedited approval by the Secretary of Energy of liquefied natural gas exports.” The bill would require the Secretary of the U.S. Department of Energy to either approve or deny an application to export LNG within 60 days of (1) receiving an LNG export application and (2) the applicant entering into a contract for the exported LNG. If the Secretary did not act within 60 days, the application would be deemed approved. The bill was referred to the House Committee on Energy and Commerce and the Committee on Foreign Affairs.