API President and CEO Jack Gerard has applauded the vote on legislation to fast track US exports of LNG. The measure, H.R. 6, was approved by the Energy and Commerce Subcommittee on Energy and Power.
Gerard said, ‘today’s vote is just the latest signal that momentum for action on natural gas exports is stronger than ever. In the last few weeks, new proposals have won bipartisan support in both the House and Senate, and we are optimistic that members will come together on efforts to harness the full economic and strategic power of America’s energy exports. The US is the world’s top producer of natural gas, and allies around the globe are looking to America for leadership on energy issues. Now is the time to tear down our own bureaucratic hurdles to trade, create thousands of new American jobs, and strengthen our position as an energy superpower.’
Adapted from a press release by Claira Lloyd.
Read the article online at: https://www.hydrocarbonengineering.com/gas-processing/10042014/natural_gas_export_action361/