Energy Dept OKs expanded LNG exports from Texas, Louisiana 

WASHINGTON (AP) — The Energy Department on Wednesday authorized additional exports of liquefied natural gas, or LNG, from planned terminals in Texas and Louisiana.

The orders allow Golden Pass LNG Terminal near Port Arthur, Texas, and Magnolia LNG Terminal in Lake Charles, Louisiana, to export additional natural gas as LNG to any country not prohibited by U.S. law or policy.

The $10 billion Golden Pass LNG export project is expected be operational in 2024, with Magnolia coming online by 2026. The two terminals are expected to produce more than 3 billion cubic feet of natural gas per day.

The approvals come as the United States seeks to boost LNG exports to Europe amid Russia’s war with Ukraine. The Energy Department approved expanded permits for two other LNG terminals in Texas and Louisiana last month.

Cheniere Energy Inc. said its Sabine Pass facility in Louisiana and … Continue Reading Full Story >>>

Comments are closed.