API applauds export permit for Golden Pass Terminal
WASHINGTON, April 25, 2017 – API welcomed final approval by the Department of Energy for exports of liquefied natural gas (LNG) from the Golden Pass Terminal near Sabine Pass, in Jefferson County, Texas.
“The United States leads the world in production and refining of oil and natural gas, and that competitive advantage presents a valuable opportunity to grow our economy through energy exports,” stated Executive Vice President & Chief Strategy Officer Marty Durbin. “Expanding natural gas exports will help create jobs here at home and provide energy security to U.S. allies seeking a reliable alternative to energy supply from nations that use energy resources as a political weapon.
“Just as greater use of natural gas for U.S. electricity generation has cut our carbon emissions to levels not seen in three decades, U.S. natural gas can help reduce emissions in other nations. Numerous LNG export facilities still await approval, and giving the greenlight to Golden Pass is a positive step toward expanding U.S. energy leadership.”
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 625 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 40 million Americans.