HR 7404
Unlocking our Domestic LNG Potential Act of 2020
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- Passed House
- Passed Senate
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- Became Law
Bill overview
This bill, the Unlocking our Domestic LNG Potential Act of 2020, aims to remove restrictions on the export and import of natural gas in the United States. It strengthens the Federal Energy Regulatory Commission’s (FERC) authority to review and approve applications for facilities like Liquefied Natural Gas (LNG) terminals, allowing them to export natural gas to other countries or import it. The bill also clarifies that the President retains the power to impose sanctions on foreign governments or persons that could affect natural gas trade. Ultimately, the goal is to increase domestic natural gas production and availability.
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Primary sponsor
Bill Johnson
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