Unlocking our Domestic LNG Potential Act of 2023

House Bill 647 - Unlocking our Domestic LNG Potential Act of 2023: Overview, Status, and Impact

Hozzl · 2024-01-18T05:57:04Z

Explore the details of House Bill 647 Unlocking our Domestic LNG Potential Act of 2023 currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Energy. Stay informed on legislative developments.

1/18/2024, 5:57 AM

Congressional Summary of HR 647

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.

Read the Full Bill

Formatted Text PDF Formatted XML

Current Status of Bill HR 647

Bill HR 647 is currently in the status of Bill Introduced since January 31, 2023. Bill HR 647 was introduced during Congress 118 and was introduced to the House on January 31, 2023. Bill HR 647's most recent activity was Referred to the Subcommittee on Energy, Climate and Grid Security. as of February 10, 2023