What will be the US government's stance on exporting LNG abroad?
Representative Lizzy Fletcher remains optimistic, even though the current administration has yet to release an official response.
Transcript:
At the end of the day, I think what we'll see is that they will
reach their determination as Democratic and Republican
administrations have before, that it is in our national interest,
that it's in our economic interest and our national security
interest to export LNG. And I just hope they'll reach that
decision soon because I think the real concern is the uncertainty
it creates both in the markets for our allies and others, and
affects these sort of long-term projects, long-term contracts. That
said, I think it's an opportunity to sort of make sure
we're getting it right, and I think that we can, but I know the
response I have gotten from the administration. We had Secretary
Granholm before the Energy and Commerce Committee just a couple
months ago, and I asked her when we could expect an answer and she
said by the end of the year or the very beginning of next year. So,
I think that the decision is imminent and I'm very optimistic
that they'll reach the conclusion that others have before.
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