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Ohio Utica Shale

Cooper hails federal approval of Louisiana LNG export terminal

By Bob Downing Published: February 11, 2014

From the Center for Liquified Natural Gas:

Washington, D.C.: Following today’s order from the U.S. Department of Energy (DOE) conditionally approving Cameron LNG’s non-free trade agreement application to export liquefied natural gas (LNG) from Hackberry, La., Center for Liquefied Natural Gas President Bill Cooper issued this statement:

 

“The approval order for Cameron LNG is an incremental victory for our economy and our workforce, industries and trading partners. I congratulate Cameron LNG for reaching this important milestone. The pending applications in DOE’s queue represent a tremendous opportunity to grow the U.S. economy by unleashing billions of dollars of investment, while creating thousands of jobs and increasing revenues to state and local governments. By deciding those pending applications expeditiously as DOE’s rules require, those projects will have a chance to compete in the international marketplace and bring dollars back to the United States. If not, the winner will be attrition, which really means no winner at all.

 

“There is an overwhelming amount of evidence that LNG exports are in the public interest. We urge DOE to consider all pending applications without delay.”

 

Read the full order HERE.

 

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Read more about the benefits of natural gas exports at CLNG’s LNG initiative website: http://lnginitiative.org/

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