North America
June 1, 2015
Environmental Markets | Emissions
Policy Brief
Rate of Regulatory Approval Key to U.S. Role in Global LNG Market
Lengthy FERC and DOE processes hinder LNG export applications, but well-executed brownfield projects are able to move faster through regulatory review
During the 2000s, many companies positioned themselves for a prolonged period of U.S. natural gas import dependence and constructed multi-billion dollar liquefied natural gas (LNG) import terminals across the Gulf Coast. However, the shale revolution transformed the domestic energy landscape, with natural gas production increasing from 19 trillion cubic feet (tcf) in 2005 to 27…
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