The Obama administration recently authorized a Texas-based terminal to export as much as 2.1 billion cubic feet per day of U.S. liquefied natural gas, according to a recent article on FuelFix.com.
The administration granted Cheniere Energy’s request to export liquefied natural gas (LNG) to countries with which the United States does not have free trade agreements (FTAs). Natural gas exports are expected to drive up the cost of natural gas for U.S. customers.
Cheniere will construct two liquefaction trains to convert natural gas so it can be carried by tankers to customers overseas from the Corpus Christi, Texas, facility. “With the Energy Department’s permitting decision Tuesday, the Corpus Christi project became the sixth LNG facility to win a critical license to broadly export natural gas around the globe,” FuelFix.com reported. “The first — Cheniere’s Sabine Pass project — is now nearing completion along the Louisiana-Texas border and could launch its first LNG shipments this year.”
Other export license holders include Sempra’s Cameron LNG project in Louisiana, the Freeport LNG project on Quintana Island, Texas, and Carib Energy, a small Crowley Maritime Corp. project in Florida that is shipping containerized natural gas. And on May 8, the Department of Energy gave a final non-FTA export license to the Dominion Cove Point LNG project in eastern Maryland.
All told, the administration has signed off on exports of up on roughly 9 billion cubic feet per day of natural gas to nations that don’t have free-trade relationships with the United States. That’s about an eighth of the United States’ predicted gas production, according to the article.
To read the FuelFix.com article, click here.