Five U.S. LNG projects get export term extended through 2050

The United States Department of Energy has issued its fourth set of liquefied natural gas (LNG) export authorization extensions through 2050.

On the last day of 2020, DoE extended the terms of live long-term LNG export authorizations. These include the Southern LNG export facility operating in Georgia, the Cameron LNG export facility operating in Louisiana, the Annova LNG project proposed in Texas, and Eagle LNG’s two small-scale facilities in Florida, including the Maxville facility currently in operation.

The latest authorizations follow several LNG export term extensions issued since October, under the export term policy DoE finalized in July.

These issuances extend each project’s long-term LNG export authorization to non-free trade agreement (non-FTA) countries through December 31, 2050.

“Just this year, LNG exports from the United States will reduce our trade deficit by over $12 billion and recent export levels have been at all-time highs,” said Deputy Secretary of Energy Mark W. Menezes.

Including the latest term extensions, DoE granted long-term LNG export authorizations with export terms through 2050 to 18 U.S. LNG export projects, as well as the Costa Azul project in Mexico.