Unlocking our Domestic LNG Potential Act of 2024
Sponsored by August Pfluger
Motion to reconsider laid on the table Agreed to without objection.
Feb 15, 2024
This bill repeals restrictions on natural gas import and export that currently require Department of Energy approval and related provisions tied to free trade agreements. It transfers exclusive authority to approve or deny applications for liquefied natural gas terminals and other facilities used to export or import natural gas from the Department of Energy to the Federal Energy Regulatory Commission. When reviewing such applications, FERC must determine whether the proposed natural gas export or import would be consistent with the public interest.
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Unlocking our Domestic LNG Potential Act of 2024 This bill repeals certain restrictions on the import and export of natural gas under the Natural Gas Act, including requirements for Department of Energy (DOE) approval and related provisions that address free trade agreements. In addition, the bill grants the Federal Energy Regulatory Commission (FERC) the exclusive authority to approve or deny applications to authorize 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. (Currently, DOE authorizes the export or import of natural gas, and FERC authorizes related facilities.) In determining whether to approve or deny an application, FERC must deem the exportation or importation of natural gas to be consistent with the public interest.