Magnolia LNG can export 8 mtpa to FTA countries, says U.S. DOE
3/7/2014
LAKE CHARLES, Louisiana -- The U.S. Department of Energy (DOE) has granted authorization for Magnolia LNG, LLC to export an additional 4 mtpa of LNG, from its proposed LNG project site at the Port of Lake Charles, Louisiana.
This follows the DOE’s initial approval, which was granted on February 26, 2013, to export up to 4 mtpa of LNG to Free Trade Agreement (FTA) countries.
The authorization is valid for first LNG sales to commence within 10 years and then for a period of 25 years from first LNG sales. LNG sales are permitted to all existing, and any future, countries that have, or enter into, a FTA with the U.S.
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