US OKs Third LNG Export Proposal

From NZ week

The US Energy Department on Wednesday approved Lake Charles Exports LLC to sell domestically produced liquefied natural gas (LNG) overseas from its terminals in Louisiana.

Lake Charles was conditionally authorized to export at a rate of up to 2 billion cubic feet (56.63 million cubic meters) of natural gas a day (Bcf/d) for a period of 20 years, said the Energy Department.

It is the third of 19 applications that the Obama administration has approved since 2011 to sell to countries that do not have a Free Trade Agreement (FTA) with the United States.

The company previously received approval to export LNG from this facility to FTA countries on July 22, 2011.

The Energy Department granted the first authorization to export LNG to non-FTA countries in May 2011 from the Sabine Pass LNG Terminal in Cameron Parish, Louisiana at a rate of up to 2.2 Bcf/d, and the second authorization in May 2013 from the Freeport LNG Terminal in Quintana Island, Texas at a rate of up to 1.4 Bcf/d.

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