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American LNG First Act of 2022

12/29/2022, 10:03 PM

Summary of Bill HR 7171

Bill 117 HR 7171, also known as the American LNG First Act of 2022, is a piece of legislation introduced in the US Congress. The main goal of this bill is to promote the export of liquefied natural gas (LNG) from the United States.

The bill aims to streamline the approval process for LNG export facilities, making it easier for companies to obtain the necessary permits to export LNG. This is seen as a way to boost the US economy and create jobs in the energy sector.

Additionally, the American LNG First Act of 2022 seeks to prioritize the export of American LNG to countries that are allies of the United States. This is intended to strengthen diplomatic relationships and reduce the reliance of these countries on energy sources from less friendly nations. Overall, supporters of the bill argue that it will help to increase US energy exports, create jobs, and enhance national security. Critics, however, raise concerns about the environmental impact of increased LNG exports and the potential for negative consequences on domestic energy prices. As of now, the American LNG First Act of 2022 is still in the early stages of the legislative process, and it remains to be seen whether it will be passed into law.

Congressional Summary of HR 7171

American LNG First Act of 2022

This bill exempts certain vessels transporting methane or refrigerated liquid (commonly known as liquefied natural gas or LNG) from vessel documentation requirements as well as coastwise endorsement requirements.

Specifically, the bill authorizes a vessel certificate of documentation (i.e., registration) to be issued for a vessel transporting methane or LNG, unless the vessel is (1) owned by a Russian national or Russia, (2) a Russian-flagged vessel, or (3) a vessel with any Russian crew member.

The bill also authorizes a coastwise endorsement to be issued for a vessel that is transporting methane or LNG. Such an endorsement allows a vessel to engage in certain trade.

Current Status of Bill HR 7171

Bill HR 7171 is currently in the status of Bill Introduced since March 18, 2022. Bill HR 7171 was introduced during Congress 117 and was introduced to the House on March 18, 2022.  Bill HR 7171's most recent activity was Referred to the Subcommittee on Coast Guard and Maritime Transportation. as of March 21, 2022

Bipartisan Support of Bill HR 7171

Total Number of Sponsors
1
Democrat Sponsors
0
Republican Sponsors
1
Unaffiliated Sponsors
0
Total Number of Cosponsors
4
Democrat Cosponsors
0
Republican Cosponsors
4
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 7171

Primary Policy Focus

Transportation and Public Works

Potential Impact Areas

- Europe
- Licensing and registrations
- Marine and inland water transportation
- Oil and gas
- Russia

Alternate Title(s) of Bill HR 7171

American LNG First Act of 2022
American LNG First Act of 2022
To exempt certain vessels transporting liquefied natural gas from certain coastwise endorsement requirements, and for other purposes.

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