The U.S. Department of Energy has given a liquefied natural gas exporter operating in Louisiana and Texas permission for additional sales to every country entirely in Europe as they seek to move away from Russian oil and gas.
“the world needs every molecule it can get” from other sources, said Dustin Meyer, the American Petroleum Institute’s vice president for natural gas markets.
U.S. companies are already exporting at or near their maximum capacity and Wednesday’s orders mean “every operating U.S. LNG export project has approval from DOE to export its full capacity to any country where not prohibited by U.S. law or policy,” the energy department said in a news release. That increase works out to about 5.2 metric tons a year for Cheniere; total U.S. exports are set to run about 86 metric tons this year, Meyer said.
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