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Bill 119 s 883, also known as the Natural Gas Act Amendment, aims to give the Federal Energy Regulatory Commission (FERC) the authority to approve or deny applications for the siting, construction, expansion, or operation of ...
facilities that export or import natural gas. This bill seeks to streamline the process for companies looking to export or import natural gas by allowing FERC to make decisions on these applications.
The main purpose of this bill is to provide a clear regulatory framework for the approval of natural gas facilities, which will help to promote the growth of the natural gas industry in the United States. By giving FERC the authority to approve or deny these applications, the bill aims to ensure that the process is efficient and transparent.
Overall, the Natural Gas Act Amendment is designed to facilitate the export and import of natural gas, while also ensuring that the process is conducted in a responsible and environmentally sustainable manner. This bill is an important step towards promoting the growth of the natural gas industry in the United States and ensuring that the country remains competitive in the global energy market.