This legislation, titled the "Natural Gas Export Expansion Act," seeks to significantly expand the export of natural gas by amending Section 3(c) of the Natural Gas Act. It broadens the criteria for expedited application and approval of natural gas exports beyond countries with which the United States has a free trade agreement, now including any nation not specifically excluded. The bill establishes specific exclusions from this expedited approval process, prohibiting it for nations currently under United States sanctions . Additionally, the President or Congress retains the authority to designate other nations for exclusion based on national security concerns . Congress finds that these expanded exports will stimulate increased investment, development of domestic natural gas supplies, and contribute to job growth and economic development.
This legislation, titled the "Natural Gas Export Expansion Act," seeks to significantly expand the export of natural gas by amending Section 3(c) of the Natural Gas Act. It broadens the criteria for expedited application and approval of natural gas exports beyond countries with which the United States has a free trade agreement, now including any nation not specifically excluded. The bill establishes specific exclusions from this expedited approval process, prohibiting it for nations currently under United States sanctions . Additionally, the President or Congress retains the authority to designate other nations for exclusion based on national security concerns . Congress finds that these expanded exports will stimulate increased investment, development of domestic natural gas supplies, and contribute to job growth and economic development.