Unlocking our Domestic LNG Potential Act of 2023

1/18/2024, 5:57 AM

Unlocking our Domestic LNG Potential Act of 2023

This bill repeals certain restrictions on the import and export of natural gas under the Natural Gas Act, including (1) a requirement that the Federal Energy Regulatory Commission (FERC) authorize an order to export or import natural gas only if it is in the public interest, and (2) restrictions related to free trade agreements.

The bill also grants the FERC the exclusive authority to approve or deny applications for the siting, construction, expansion, or operation of facilities (e.g., liquefied natural gas terminals) to export natural gas to foreign countries or import natural gas from foreign countries.

Congress
118

Number
HR - 647

Introduced on
2023-01-31

# Amendments
0

Sponsors
+5

Variations and Revisions

1/31/2023

Status of Legislation

Bill Introduced
Introduced to House
House to Vote
Introduced to Senate
Senate to Vote

Purpose and Summary

Unlocking our Domestic LNG Potential Act of 2023

This bill repeals certain restrictions on the import and export of natural gas under the Natural Gas Act, including (1) a requirement that the Federal Energy Regulatory Commission (FERC) authorize an order to export or import natural gas only if it is in the public interest, and (2) restrictions related to free trade agreements.

The bill also grants the FERC the exclusive authority to approve or deny applications for the siting, construction, expansion, or operation of facilities (e.g., liquefied natural gas terminals) to export natural gas to foreign countries or import natural gas from foreign countries.

Alternative Names
Official Title as IntroducedTo repeal restrictions on the export and import of natural gas.

Policy Areas
Energy

Potential Impact
Federal Energy Regulatory Commission (FERC)
Oil and gas
Trade restrictions

Comments

Recent Activity

Latest Summary5/22/2023

Unlocking our Domestic LNG Potential Act of 2023

This bill repeals certain restrictions on the import and export of natural gas under the Natural Gas Act, including (1) a requirement that the Federal Energy Regulatory Commission (FE...


Latest Action2/10/2023
Referred to the Subcommittee on Energy, Climate and Grid Security.