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U.S. DOE LNG Authorization Extensions Have Trickle-Down Effect, an Industrial Info Market Brief
The U.S. Department of Energy's (DOE) decision to extend some liquefied natural gas (LNG) authorizations through 2050 has had a trickle-down effect on the surrounding sites
Released Thursday, December 24, 2020
The U.S. Department of Energy's (DOE) decision to extend some liquefied natural gas (LNG) authorizations through 2050 has had a trickle-down effect on the surrounding sites.
Texas LNG has entered into a new, updated agreement with the Port of Brownsville, extending its lease option for up to 50 years.
The DOE has expanded approvals for LNG investors and exporters by 30 years. This will have a positive impact on jobs, infrastructure, and tax revenue associated with the sites.
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