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Proposed U.S. House Bill Sets Stage for Massive Build-Out of LNG Export Facilities on Gulf Coast, an Industrial Info News Alert

SUGAR LAND, TX -- (Marketwired) -- 07/12/13 -- Written by Edward Weatherly for Industrial Info Resources (Sugar Land, Texas) -- U.S. Representative Ted Poe (R-TX), formerly a Houston judge, has introduced bill H.R. 2471, which, if passed, will remove the U.S. Department of Energy (DoE) from the approval process for new liquefied natural gas (LNG) liquefaction and export terminals. The proposed bill would transfer the regulatory authority concerning LNG exports directly to the Federal Energy Regulatory Commission by amending the Department of Energy Organization Act. This would save a great amount of time and uncertainty regarding the current plethora of proposed LNG projects, which are concentrated along the Gulf Coast.

Other companies featured: Cheniere Energy Incorporated (NYSE:LNG)

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Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, and eight offices outside of North America, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. To contact an office in your area, visit the www.industrialinfo.com "Contact Us" page.

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