Energy regulators speed up approvals for gas export facility expansions

U.S. energy regulators have proposed establishing a new program designed to expedite approvals for expanding the nation's liquefied natural gas export facilities. The Federal Energy Regulatory Commission (FERC) announced the proposal on Thursday.

Under the newly proposed framework, the commission aims to streamline the regulatory process by limiting notice and protest periods to either 60 or 90 days for requested facility expansions. The initiative is intended to accelerate the expansion timeline for critical energy infrastructure.