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Senator Lugar Proposes Free Trade Status for U.S. LNG Exports to NATO Nations

UPI reports that U.S. Senator Richard Lugar (R-IN) will introduce a bill today to encourage exports of U.S. LNG to North Atlantic Treaty Organization (NATO) nations by amending the Natural Gas Act to provide that applications to export LNG to NATO nation
December 11, 2012

UPI reports that U.S. Senator Richard Lugar (R-IN) will introduce a bill today to encourage exports of U.S. LNG to North Atlantic Treaty Organization (NATO) nations by amending the Natural Gas Act to provide that applications to export LNG to NATO nations are to be considered by the U.S. Department of Energy (DOE) under the same automatic approval process DOE uses for applications to export LNG to nations having a Free Trade Agreement with the United States. According to UPI, the bill is intended to diversify energy supplies to NATO allies and address an over-reliance by European countries on gas supplies from Russia and Iran. The Wall Street Journal also provides coverage on this issue.

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