Cove Point LNG's Application for Export Authorization
AI-generated summary for informational purposes only. Not legal advice. See the original source for the authoritative text.
The law provides Cove Point LNG, LP with authorization to export liquefied natural gas (LNG) imported into the U.S. from foreign sources. The application seeks a blanket authorization for a total volume of 70 billion cubic feet of LNG over a two-year period starting from July 8, 2026. Cove Point aims to export to both free trade agreement (FTA) countries as well as non-FTA countries, complying with relevant U.S. laws and policies.
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Key Changes
- Authorization for Cove Point LNG to export LNG imported from abroad.
- Total export volume of 70 billion cubic feet over a two-year period.
- Allows export to both FTA and non-FTA countries.
Obligations
What this law requires
Export only liquefied natural gas (LNG) that has been previously imported into the United States from foreign sources; do not export domestically produced natural gas or LNG
Limit cumulative LNG exports to 70 billion cubic feet (Bcf) of natural gas equivalent over the two-year authorization period
Commence exports no earlier than July 8, 2026, or the date of issuance of the new authorization, whichever is earlier
Export LNG only from the existing Cove Point LNG Terminal located in Calvert County, Maryland
Export LNG only to countries with capacity to import LNG via ocean-going carrier and with which trade is not prohibited by U.S. law or policy, including both FTA and non-FTA countries