Udall will seek more exports of nation’s liquefied natural gas
A bill that would impose sanctions on Russia for its invasion of Crimea should include a provision to speed up approval of terminals for the export of natural gas produced in the United States.
Sen. Mark Udall, D-Colo., said Tuesday that he would seek to amend the sanctions bill with another bill he already introduced, S. 2083, to expedite the export of natural gas to countries that are members of the World Trade Organization.
The Senate is considering the Support for the Sovereignty, Integrity, Democracy and Economic Stability of Ukraine Act of 2014, S.2124. The bill includes aid for Ukraine in the wake of the Russian invasion of Crimea.
The invasion of Ukraine has illustrated how natural gas exports from the United States can stabilize global security, Udall said.
Colorado Mesa University and the Grand Junction Economic Partnership are working on a study that wold consider the economic effects of exporting liquefied natural gas from the Piceance Basin, a significant reservoir of natural gas in the northwest Colorado.