The Department of Energy on Tuesday approved exports of LNG to non-free-trade-agreement countries from Sempra Energy’s Cameron LNG terminal in southwest Louisiana. It is the sixth LNG export license granted by the Obama Administration. It brings the nation’s total authorized LNG export capacity to nearly 8.5 billion cubic feet per day.
The DOE has granted five LNG export licenses since last year, prompting some chemical manufacturers to call for a halt to the approvals. Many in the chemical industry fear wider exports of LNG will boost domestic prices, making key feedstocks cost prohibitive.
