Boustany Applauds Expedited LNG Approvals

Boustany Applauds Expedited LNG Approvals

Congressman Charles W. Boustany issued a statement after the House passed H.R. 6, the Domestic Prosperity and Global Freedom Act introduced by Representative Cory Gardner. This bill forces the Department of Energy to expedite exports of liquefied natural gas (LNG) to U.S. allies.

Boustany spoke on the floor in support of the measure as a means of using “energy diplomacy” to strengthen U.S. allies and promote greater economic ties.

The Third District of Louisiana is home to the first two Department of Energy (DOE) and Federal Energy Regulatory Commission (FERC) permitted non-Free Trade Agreement (FTA) LNG export facilities. Additionally, there are currently 8 export facilities within the Third District of Louisiana awaiting DOE approval to export to non-FTA countries. This bill would expedite that approval process.

Boustany said: “South Louisiana is poised to become a world leader in LNG production and exports, meaning thousands of new jobs. But the federal government must get its act together to unleash this potential. The Domestic Prosperity and Global Freedom Act streamlines the approvals process for new LNG facilities, removing the chokehold the federal government’s regulatory structure has placed on this industry while freeing up millions of dollars for investment into the community. This is a job-creating bill that will mean greater prosperity and opportunity for families in South Louisiana.”

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Press Release, June 27, 2014