by Daniel J. Graeber
Washington (UPI) Sep 11, 2014
Despite a nod for southern U.S. LNG exports, the application backlog needs clearing to strengthen U.S. leverage, the American Petroleum Institute said.
API Upstream Director Erik Milito welcomed a decision from the U.S. Energy Department to allow for exports of liquefied natural gas from projects in Cameron Parish, La., and Marion County, Fla.
"But dozens of other permits still face lengthy delays," he said in a statement Wednesday. "We urge the administration to accelerate this process and work with leaders in Congress who have shown they are ready to strengthen America's position as an energy superpower."
Bills that have passed through the U.S. House of Representatives tied LNG exports to overseas leverage in the foreign policy and economic arenas, a sentiment backed by API.
The Cameron LNG project and the Carib Energy project in Florida were cleared for LNG exports to countries like those in the European Union that don't have a free-trade agreement with the United States.
Combined, the two facilities can export the equivalent of nearly 1.8 billion cubic feet natural gas per day from domestic reserves.
The International Energy Agency expressed doubt over the claimed benefits of U.S. LNG. Critics in the United States argue exports would lead to more environmental problems associated with hydraulic fracturing.
All About Oil and Gas News at OilGasDaily.com
|The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement All images and articles appearing on Space Media Network have been edited or digitally altered in some way. Any requests to remove copyright material will be acted upon in a timely and appropriate manner. Any attempt to extort money from Space Media Network will be ignored and reported to Australian Law Enforcement Agencies as a potential case of financial fraud involving the use of a telephonic carriage device or postal service.|