WASHINGTON, D.C. - U.S. Sen. Jim Inhofe (R-Okla.), senior member of the Senate Environment and Public Works (EPW) Committee, today made the following statement in response to the Department of Energy's (DOE) announcement to approve a second facility to export Liquefied Natural Gas (LNG) to countries that do not have a Free Trade Agreement with the United States.
“I applaud the Department of Energy’s decision to approve a second LNG export facility, but the Department needs to move quickly to approve the remaining applications,” said Inhofe. “Our nation’s reserves of natural gas have expanded rapidly in recent years, but production activities have declined significantly because of insufficient demand. If DOE fails to approve the remaining applications, further production activities may be jeopardized, which could harm job creation in Oklahoma and across the country. This approval is a step in the right direction, but it’s only a step. I urge Secretary Moniz to move quickly to approve the remaining applications; markets should be in charge of determining appropriate export levels, not the federal government.”
The Freeport LNG Terminal on Quintana Island in Texas is still subject to environmental review and final approval, but is permitted to export 1.4 billion cubic feet of natural gas per day for a 20 year period.
On January 23rd, Inhofe sent a letter to Energy Secretary Steven Chu requesting expeditious approval of LNG exports applications.
On February 21st, Inhofe led a bipartisan group of senators in a letter urging Secretary Chu to support a NERA study on the economic benefits of LNG exports and to quickly approve the pending LNG export permits.