U.S. Subcommittee to Start Review of LNG Exports Legislation

U.S. Subcommittee on Energy and Power has scheduled a hearing for the review of H.R. 6, the Domestic Prosperity and Global Freedom Act. In response to Russia’s recent aggression and DOE’s slow export approval process, Rep. Cory Gardner (R-CO) introduced H.R. 6 to expedite exports of LNG to U.S. allies.

The H.R. 6 legislation would grant immediate approval of complete export applications currently filed with the Department of Energy and modify the process moving forward to ensure exports to U.S. allies. The subcommittee will hear testimony from former member of Congress and chairman of the Appellate Body of the World Trade Organization James Bacchus, Hungarian Ambassador-at-Large for Energy Security Anita Orban, and NERA Economic Consulting Senior Vice President David Montgomery.

“President Obama said that ‘we’re going to stand firm in our unwavering support for Ukraine.’ That should include unlocking U.S. natural gas supplies to help free Ukraine and other European nations from Russia’s influence. It is going to take more than sanctions to stand up to Putin, and taking action on exports would weaken his grip by sending a clear signal to our allies that they no longer have to be at the mercy of Russian energy supplies. This legislation will provide a safe and secure energy source abroad while delivering economic growth and job creation here at home,” said Gardner.