The United States will export more liquefied natural gas to Europe and other allies

Washington – US President Joe Biden’s government has authorized exports of more liquefied natural gas to Europe and other allies, the Department of Energy reported on Wednesday.

The natural gas will be exported from the two largest terminals in the United States, both owned by energy company Cheniere Energy, and located at Sabine Pass (Louisiana) and Corpus Christi (Texas), the Department of Energy detailed in a statement.

Biden’s authorization loosens current regulations and will allow both terminals to export 720 million cubic feet (about 20.4 million cubic meters) of liquefied gas daily.

This gas will be destined for countries with which the United States does not have free trade agreements, as these agreements usually set standards for energy imports and exports.

Because European countries don’t have this kind of agreement with the United States, they can access liquefied gas, the Department of Energy highlights.

In addition, all terminals are licensed by the US Government to operate at maximum capacity and export all available liquefied gas.

The United States currently leads the production of liquefied natural gas, which is cold-processed so that it can be transported as a liquid in tanks across the ocean, rather than pipelines on land.

Gas production in the United States grew after hydraulic fracturing and other forms of extraction came into use in 2005, according to the Energy Information Administration (EIA) details on its website.

The Department of Energy believes US production will grow 20% above current levels by the end of the year, as gas production increases.

Half of the liquefied gas consumed by the EU and the UK already came from the United States by January 2022, while the rest mainly comes from Qatar and Russia, according to the EIA.

The European Union has coordinated with the United States to find other forms of energy supply and reduce its dependence on Russia, after the war in Ukraine.

Russia began its invasion of Ukraine on February 24 and began bombing major cities, including the capital, causing more than three million refugees, according to the International Organization for Migration (IOM).

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