⚡DOE Rescinds Export Policy on Natural Gas Commencement Deadlines
Rescission of Policy Statement on Export Commencement Deadlines in Authorizations To Export Natural Gas to Non-Free Trade Agreement Countries
Summary
The Department of Energy (DOE) is rescinding the Policy Statement on Export Commencement Deadlines in Authorizations to Export Natural Gas to Non-Free Trade Agreement Countries issued on April 26, 2023 (Policy Statement). Henceforth, DOE will consider applications to extend an authorization holder's export commencement deadline and grant such extensions for good cause shown on a case-by-case basis, an approach consistent with DOE's practice prior to the issuance of the Policy Statement.
Agencies
- Energy Department
Business Impact
$$ - Med
The rescission allows for more flexible consideration of extensions for natural gas export commencement deadlines, positively impacting businesses holding export authorizations by reducing regulatory burden and providing a case-by-case approach. This can facilitate smoother operational planning for exporters.