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Expedited Natural Gas Exports: Faster Approvals for Small Volumes

This new law aims to speed up the approval process for exporting small amounts of natural gas. This means companies can get quicker permission to sell gas abroad, potentially affecting energy availability and prices in international markets. For citizens, this could indirectly impact energy supply stability and economic growth.
Key points
Faster procedures: Applications for exporting up to 51.75 billion cubic feet of gas per year will be approved without delay.
Trade facilitation: Gas exports to free trade agreement countries will also be approved faster, unless the country is under US sanctions.
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Additional Information
Print number: 117_HR_7115
Sponsor: Rep. Cammack, Kat [R-FL-3]
Process start date: 2022-03-17