Energy Department OKs additional LNG exports from future Louisiana terminal

(Courtesy Sempra Energy)

The Energy Department on Wednesday authorized additional exports of liquefied natural gas from planned terminals in Texas and Louisiana, reports The Associated Press.

The orders allow Golden Pass LNG Terminal near Port Arthur, Texas, and Magnolia LNG Terminal in Lake Charles to export additional natural gas as LNG to any country not prohibited by U.S. law or policy.

The $10 billion Golden Pass LNG export project is expected to be operational in 2024, with Magnolia coming online by 2026. The two terminals are expected to produce more than 3 billion cubic feet of natural gas per day.

The approvals come as the U.S. seeks to boost LNG exports to Europe amid Russia’s war with Ukraine. The Energy Department approved expanded permits for two other LNG terminals in Texas and Louisiana last month.

Cheniere Energy Inc. said its Sabine Pass facility in Louisiana and its Corpus Christi plant in Texas have been improved and are making more gas than covered by previous export permits.

Energy Secretary Jennifer Granholm said last month that the U.S. “is exporting every molecule of liquefied natural gas that we can” to help European buyers of Russian fuel.

U.S. LNG exports have reached new highs of about 12 billion cubic feet per day and are expected to grow to more than 13 billion cubic feet by the end of the year, with most going to Europe, the Energy Department says. Read more.