US extends LNG export term to 2050

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By Mirza Duran The Department of Energy is issuing a final policy statement that allows for US LNG exports to non-free trade agreement countries to be extended through the year 2050.

Image: Cheniere

This policy is a change from the current practice of granting 20-year LNG export terms.

President Donald J. Trump announced the new rule during his speech in Midland, Texas on Wednesday.

“This policy is the latest of several measures DoE, under President Trump, has taken to support US LNG exports and the benefits they bring both to the US and to our allies around the world,” said Secretary of Energy Dan Brouillette,

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