Press release | Press releases | Writing
WASHINGTON – U.S. Senators Bill Cassidy, MD (R-LA), Marco Rubio (R-FL), John Kennedy (R-LA), Rick Scott (R-FL) and James Inhofe (R-OK) have reintroduced Small Scale LNG Access Act, legislation to expedite the approval of natural gas exports of 51.1 billion cubic feet per year or less. These small-scale exports would be deemed to be in the public interest and granted without modification or delay.
In 2018, the US Department of Energy (DOE) finalized a rule to expedite the approval of small-scale natural gas exports. This rule will primarily serve consumers in small-scale natural gas export markets in the Caribbean, Central and South America. The Small Scale LNG Access Act would codify the DOE rule and ensure long-term stability of investments.
“The United States cannot continue to cede its energy production to countries like Russia and Iran”, said Dr Cassidy. âProducing cleaner burning natural gas here in the United States creates jobs in the United States and exporting it overseas lowers global emissions. This bill benefits workers in Louisiana, unleashes our energy dominance and improves our environment. “
âAccelerating the approval of small-scale natural gas exports would strengthen an emerging sector of Florida’s economy and strengthen our existing ties with countries in the Caribbean and Latin America. said Senator Rubio. “It is important to note that the bill would also ensure that bad actors, including the criminal regimes of Venezuela and Cuba, do not benefit from accelerated access to US energy exports as they continue to undermine democracy. and to commit atrocities against human rights. “
âLouisiana is the premier state for the production and export of LNG, and the Small Scale LNG Access Act would help our state continue to provide our allies with the clean energy they need. The US economy and national security are tied to our energy independence, so we need more freedom to make the most of our energy resources. I am proud to work with Senator Cassidy to this end â, said Senator Kennedy.
âThe reduced federal regulatory burden will mean more well-paying jobs for Florida families in the emerging small-scale natural gas export industry. Anything we can do to make LNG more accessible and profitable for our partners in Latin America and the Caribbean, and reduce their dependence on oil from Maduro and Venezuela is good for the United States â, said Senator Scott.
“We must do everything in our power to trigger American energy development, especially since the current administration is doing the opposite,” he added. said Senator Inhofe. âThis is why I am proud to join Senator Cassidy and my other Republican colleagues in introducing the Small Scale LNG Access Act to ensure expedited and streamlined approval of small scale LNG exports. It would be a boon to American jobs and provide long-term stability for suppliers here at home, while helping Caribbean and Latin American countries gain access to clean, reliable natural gas.
Cassidy presented this legislation at the last two conventions. In 2018, it was adopted by the Senate Energy and Natural Resources Committee by 13 votes to 10.
The small-scale Caribbean LNG export market represents a relatively untapped opportunity; the United States exported only about 138 billion cubic feet of natural gas to the region from February 2016 to July 2021. Increased exports of US liquefied natural gas (LNG) will reduce dependence on the Caribbean and the United States. Central America with respect to Venezuelan fuel oil, will increase economic opportunities and provide a cleaner burning fuel source for these nations.
The United States is well positioned to meet the expected annual growth of four to five percent in global natural gas demand. According to the Energy Information Administration, the United States has about 2,867 trillion cubic feet of technically recoverable natural gas, enough to last about 84 years.
The current licensing process for LNG export facilities is expensive and small-scale projects are often not profitable under current conditions. Reducing the time and investment required for small-scale exports will benefit production, manufacturing and construction jobs in the United States, while also reducing trade deficits with the importing country. Increasing LNG exports, even on a small scale, will have a positive impact on the economies of the United States as well as the economies of those who receive American natural gas.