Expediting Natural Gas Exports to Allies Act

Expediting Natural Gas Exports to Allies Act

This bill revises the approval process for applications to export natural gas. Specifically, the bill expedites the approval process for certain U.S. allies, such as Taiwan and Ukraine. However, the Federal Energy Regulatory Commission may not grant expedited approval for applications to export natural gas to any nation that is (1) subject to sanctions or trade restrictions imposed by the United States, or (2) designated by acts of Congress from such expedited approval for reasons of national security.

Bill 117 HR 6772, also known as the Expediting Natural Gas Exports to Allies Act, is a piece of legislation introduced in the US Congress. The main purpose of this bill is to streamline the process for exporting natural gas to US allies, particularly in Europe and Asia.

The bill aims to expedite the approval of applications for liquefied natural gas (LNG) exports to countries that are part of the North Atlantic Treaty Organization (NATO) or are considered major non-NATO allies. This is seen as a way to strengthen relationships with these countries and reduce their dependence on energy sources from countries like Russia.

The legislation would require the Department of Energy to make a decision on LNG export applications within 30 days of the Federal Energy Regulatory Commission completing its environmental review. This would help to speed up the approval process and make it easier for US natural gas producers to access international markets. Supporters of the bill argue that increasing natural gas exports to allies would not only boost the US economy but also enhance national security by reducing the influence of countries like Russia in the global energy market. However, critics have raised concerns about the environmental impact of increased natural gas production and exportation. Overall, the Expediting Natural Gas Exports to Allies Act is aimed at promoting US energy interests abroad and strengthening relationships with key allies through increased natural gas exports.