Federal officials give the go-ahead for one Texas refinery to ship Eagle Ford LNG around the world.
The U.S. Department of Energy has authorized Flint Hills Resources to export liquefied natural gas (LNG) to countries that do not hold a free trade agreement (non-FTA) with the U.S. The order allows Flint to export LNG 3.62 billion cubic feet of natural gas per year over the next 20 years.
Flint Hills plans to purchase the LNG from Stabilis LNG, which is located in Live Oak County.
In April, the U.S. Senate passed the Energy Policy and Modernization Act designed to increase U.S. exports of liquefied natural gas (LNG).
Eagle Ford midstream companies are looking to prosper as natural gas exports overtake imports over the next 16 months. The state is in the middle of a massive LNG export terminal buildout along the Gulf Coast.