API urges speedy approval of U.S. LNG exports
WASHINGTON -- Erik Milito, the API’s director of upstream and industry operations, has welcomed Friday’s authorization, by the Department of Energy, for exports from the Quintana Island, Texas, LNG facility and urged the agency to quickly process the remaining 21 applications.
“LNG exports will significantly reduce our trade deficit, grow the economy, and support thousands of U.S. jobs. The DOE has every reason to quickly approve these applications, and we’re pleased that they seem to be moving ahead. The shale revolution— sparked by U.S. innovations in hydraulic fracturing—has positioned America to play a leading role in the global energy trade, and we must work fast to secure a competitive position in the international market. We continue to urge Energy Secretary Moniz to oversee speedy review and approval of the remaining U.S. LNG export permit applications,” he said.