US Representative Ted Poe (R-TX) has introduced bill HR
2471, the Expedite our Economy Act of 2013.
If passed, the bill will remove the US Department of Energy
(DOE) from the approval process for new liquefied natural
gas (LNG) liquefaction and export terminals.
The proposed bill would transfer the regulatory authority
exports directly to the Federal Energy Regulatory Commission
(FERC) by amending the DOE Organization Act.
This would save a great amount of time and uncertainty
regarding the current plethora of proposed LNG
projects, which are concentrated
along the US Gulf Coast.
Although there are as many as 18 LNG
terminal projects pending approval, the DOE
has only granted two applications in the past three years