As the United States (U.S.) has set its cap on growing its liquefied natural gas (LNG) industry, multiple steps are being taken to shake off the regulatory shackles impeding the LNG export boom. The latest such move is encapsulated in a proposed bill aimed at accelerating the federal approval process for LNG exports.
To this end, Senator Ted Cruz (R-Texas) , Chair of the Senate Committee on Commerce, Science, and Transportation, and his colleagues have introduced the Natural Gas Export Expansion Act , a legislation that would amend the Natural Gas Act to treat export applications to non-free trade agreement (non-FTA) countries the same as those to FTA nations, streamlining the permitting process.
