Washington, DC - The Energy Department announced that it has issued a final authorization to American LNG Marketing LLC (American LNG) to export domestically produced liquefied natural gas (LNG) to countries that do not have a Free Trade Agreement (FTA) with the United States.
American LNG is authorized to export LNG up to the equivalent of 0.008 billion cubic feet per day (Bcf/d) of natural gas for a period of 20 years from the liquefaction facility located near Medley, Florida in Miami-Dade County, Florida using approved ISO LNG containers.
The development of U.S. natural gas resources is having a transformative impact on the U.S. energy landscape, helping to improve our energy security while spurring economic development and job creation around the country. This increase in domestic natural gas production is expected to continue, with the Energy Information Administration forecasting a record average production rate of 79.06 Bcf/d in 2015.
Federal law generally requires approval of natural gas exports to countries that have an FTA with the United States. For countries that do not have an FTA with the United States, the Natural Gas Act directs the Department of Energy to grant export authorizations unless the Department finds that the proposed exports “will not be consistent with the public interest.”
The Energy Department conducted an extensive, careful review of the American LNG application. Among other factors, the Department considered the economic, energy security, and environmental impacts and determined that exports at a rate of up to 0.008 Bcf/d for a period of 20 years was not inconsistent with the public interest.