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LNG Allies, EPRINC, AXPC, and the EEIA offer five suggestions that the Biden Administration can utilize to bolster U.S. and European Energy Security in the near term

Today on February 25, 2022, LNG Allies was joined by the Energy Policy Research Foundation, American Exploration and Production Council, and the Energy Equipment & Infrastructure Alliance in a letter addressed to the Biden Administration expressing increasing concerns on U.S. and European Energy Security. A brief summary of the suggestions in the letter is below:

  • Publicly signal support for domestic natural gas and oil production.
  • Set up a joint EU-U.S. Emergency Energy Infrastructure Council to have new “virtual transatlantic gas pipelines” in place as soon as possible.
  • Instruct DOE Fossil Energy and Carbon Management Office to immediately approve the U.S. LNG export applications pending before it to export gas from the United States to America’s willing partners and allies around the globe with an urgent focus on the applications that have already been approved by FERC.
  • Ask FERC to act within six months on all pending U.S. LNG export facility and gas pipeline applications needed to move more natural gas to domestic customers and LNG export terminals.
  • Immediately release the $300 million in funding that the U.S. promised in 2020 to the Three Seas Initiative Investment Fund to build critical natural gas and other energy infrastructure along the North-South corridor in Central and Eastern Europe.