API welcomes progress on natural gas exports

WASHINGTON, September 10, 2014 ─ API welcomed final approval by the Department of Energy (DOE) for exports of liquefied natural gas (LNG) from Cameron Parish, Louisiana and Martin County, Florida and urged the administration to accelerate the process for other projects.

“As the world’s top natural gas producer, America is in a strong position to create jobs, grow our economy, and bolster our influence overseas,” said API Upstream Group Director Erik Milito. “Cameron Parish and Martin County are now the second and third projects to receive final DOE approval. These projects open the door to billions in local investment, thousands of new jobs, and a stronger trade balance for the United States.

“But dozens of other permits still face lengthy delays. We urge the administration to accelerate this process and work with leaders in Congress who have shown they are ready to strengthen America’s position as an energy superpower.”

API is the only national trade association representing all facets of the oil and natural gas industry, which supports 9.8 million U.S. jobs and 8 percent of the U.S. economy. API’s more than 600 members include large integrated companies, as well as exploration and production, refining, marketing, pipeline, and marine businesses, and service and supply firms. They provide most of the nation’s energy and are backed by a growing grassroots movement of more than 20 million Americans.