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Expediting LNG Exports: Faster Approvals and Security Focus.

This bill significantly speeds up the approval process for new liquefied natural gas (LNG) export facilities. It automatically deems exports to US allies, especially those reliant on Russian or Iranian gas, as being in the public interest. The key consequence for citizens is the drastic reduction in time for regulatory and environmental review, potentially impacting local decisions regarding energy infrastructure construction.
Key points
Automatic approval of LNG exports to nations dependent on Russian or Iranian gas, enhancing energy security for US allies.
Imposing a strict 45-day deadline for the Commission to issue a final decision on the construction of new LNG terminals after the environmental review is complete.
If the 45-day deadline is missed, the application for terminal construction is automatically approved, prioritizing rapid investment over extended environmental impact assessment.
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Additional Information
Print number: 118_S_3829
Sponsor: Sen. Barrasso, John [R-WY]
Process start date: 2024-02-28