In the not-too-distant past, liquefied natural gas (LNG) imports were the next big thing in the U.S. energy world. Now it may be LNG exports. This article discusses this recent shift in focus and what statutory approvals are needed for exporters of LNG.
About a decade ago, energy companies started work on LNG import facilities from Massachusetts to Texas, and applications to build new import facilities in California, Oregon, and New York City were hastily filed. According to the Federal Energy Regulatory Commission (FERC), there are a total of twelve facilities now capable of importing LNG, located in the northeast and southern states. In the 1980s, most imported LNG came from Algeria; in the 2000s, LNG was imported largely from Trinidad, Egypt, Nigeria, and Qatar.