Expediting Natural Gas Exports to Allies: Boosting Energy Security
This Act establishes an expedited approval process for natural gas export projects aimed at increasing capacity to key allies and strategic partners, including temporarily Cyprus, Ukraine, and Taiwan. The goal is to strengthen the energy security of these nations, foster job growth, and promote economic development within the United States. Citizens benefit indirectly through enhanced geopolitical stability and growth in the domestic energy sector.
Key points
Implementation of an expedited approval process for companies seeking to export natural gas to US allies, enhancing partners' energy security.
The list of nations covered by the expedited process includes Cyprus, Moldova, Sweden, Taiwan, and Ukraine until the end of 2030.
The expedited process excludes nations subject to US sanctions, safeguarding national security interests.
Expired
Additional Information
Print number: 118_S_2028
Sponsor: Sen. Rubio, Marco [R-FL]
Process start date: 2023-06-15