DOE issues two LNG export authorizations
The U.S. Department of Energy (DOE) issued two long-term orders authorizing LNG exports from two current operating LNG export projects, Cheniere Energy Inc.’s Sabine Pass in Louisiana and Corpus Christi in Texas.
The two orders allow Sabine Pass and Corpus Christi additional flexibility to export the equivalent of 0.72 Bft3d of natural gas as LNG to any country with which the U.S. does not have a free trade agreement, including all of Europe.
While U.S. exporters are already exporting at or near their maximum capacity, with this issuances, every operating U.S. LNG export project has approval from DOE to export its full capacity to any country where not prohibited by U.S. law or policy.
The U.S. is now the top global exporter of LNG and exports are set to grow an additional 20% beyond current levels by the end of this year as additional capacity comes online. In January 2022, U.S. LNG supplied more than half of the LNG imports into Europe for the month.
With the expected rise in LNG exports, the DOE is particularly focused on driving down methane emissions in the oil and gas sector both domestically and abroad, leveraging the technical expertise of the department.
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