Energy regulators speed up approvals for gas export facility expansions
Summary
U.S. energy regulators want to make it faster to approve expansions of gas export facilities. The Federal Energy Regulatory Commission (FERC) suggested reducing the time for public notice and protests to 60 or 90 days for these projects.Key Facts
- The Federal Energy Regulatory Commission (FERC) is in charge of approving gas export facility expansions.
- FERC has proposed a new program to speed up the approval process.
- The proposal limits notice and protest periods to 60 or 90 days.
- This rule applies to expansions of liquified natural gas (LNG) export terminals.
- FERC Chair Laura Swett, a Republican, announced the proposal.
- The goal is to encourage faster development of U.S. LNG export capacity.
- Shorter approval times may help the U.S. export more natural gas to other countries.
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