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Senate bill would fast-track ‘small-scale’ natural gas exports

Senate bill would fast-track ‘small-scale’ natural gas exports
© Greg Nash

A pair of Republican senators is proposing to fast-track the approval process for companies wishing to export relatively small-scale volumes of liquefied natural gas.

Under the bill from Sens. Bill CassidyWilliam (Bill) Morgan CassidyTrump signs bills banning drug pricing 'gag clauses' Dem ad accuses Heller of 'lying' about record on pre-existing conditions GOP senator suggests criminal referral for third Kavanaugh accuser's 'apparently false affidavit' MORE (R-La.) and Marco RubioMarco Antonio RubioGOP leaders hesitant to challenge Trump on Saudi Arabia On The Money: Treasury official charged with leaking info on ex-Trump advisers | Trump to seek 5 percent budget cut from Cabinet members | Mnuchin to decide by Thursday on attending Saudi conference Mnuchin to decide by Thursday whether to attend Saudi conference MORE (R-Fla.), applications to export up to 51.1 billion cubic feet of natural gas per day to nearly any country would get Energy Department approval “without modification or delay.”

Currently, all natural gas exports from the contiguous United States must be extensively reviewed and certified by the Energy Department as being in the “public interest” before they can proceed.

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“This bill promotes the growth of American natural gas, creating well-paying jobs with good benefits for hardworking families in Louisiana,” Cassidy said in a statement.

“The faster approval of small-scale natural gas shipments will create American jobs, improve Caribbean energy security and lower greenhouse gas emissions,” he continued.

“Expedited approval of small-scale natural gas exports would strengthen an emerging sector of Florida’s economy,” said Rubio.

The bill comes as the Trump administration is working on multiple fronts to promote the production and use of fossil fuels and other domestic energy sources under an “energy dominance” banner.

The legislation mirrors a regulation the Energy Department proposed in September that would similarly expedite approvals for small-scale exports.

Gas demand is growing rapidly in the Caribbean and Latin America, and Republicans and the Trump administration see an opportunity for the United States to take advantage of it.