The U.S. Department of Energy (DOE) on Wednesday extended through 2050 three long-term liquefied natural gas (LNG) export licenses to countries without free-trade agreements (FTA).
The extensions were issued for two Cheniere Energy Inc. facilities, Sabine Pass LNG in Louisiana and Corpus Christi LNG in South Texas. Sempra Energy’s proposed Port Arthur LNG terminal east of Houston also had its license extended.
With seven similar extensions issued last week, the DOE has extended 10 export licenses through 2050. The measures were instituted by the Trump administration to promote domestic gas exports.
“The Trump Administration understands the importance of securing American energy jobs and creating opportunities for growth in the energy sector,” said Energy Secretary Dan Brouillette. “The development of natural gas in the United States provides tens of thousands of jobs and leads to the investment of tens of billions of dollars in infrastructure development. This policy will sustain these long-term benefits.”
From 2011 until the policy change was implemented in July, the DOE limited export licenses to 20 years. The DOE is required under the Natural Gas Act to authorize FTA export licenses because they are presumed to be in the national interest. It may deny or limit licenses for countries without U.S. trade agreements. With the policy change, the DOE automatically grants all new non-FTA licenses through 2050 and extends existing non-FTA licenses through 2050 if the respective license holders apply.
The 10 extensions through 2050 are held by Sabine Pass Liquefaction LLC, Cheniere Marketing LLC, Corpus Christi Liquefaction LLC and Port Arthur LNG LLC, the DOE said.
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