ANNOUNCEMENT 07 Aug 2013In August 2013, the government of the United States of America announced an altered export prohibition.
NUMBER OF INTERVENTIONS
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The U.S. Department of Energy announced on August 7, 2013 that it has conditionally authorized Lake Charles Exports, LLC to export domestically produced liquefied natural gas (LNG) to countries that do not have a free trade agreement (FTA) with the United States from the Lake Charles Terminal in Lake Charles, Louisiana. Federal law generally requires approval of natural gas exports to countries that do have an FTA with the United States. For countries that do not have an FTA with the United States, the Natural Gas Act directs the Energy Department to grant export authorizations unless it finds that the proposed exports 'will not be consistent with the public interest.' Lake Charles previously received approval to export LNG from this facility to FTA countries on July 22, 2011. Subject to environmental review and final regulatory approval, the facility is conditionally authorized to export at a rate of up to 2.0 billion cubic feet of natural gas a day (Bcf/d) for a period of 20 years.