Key facts
- US regulator proposes new rules to speed up LNG projects.
- The rules aim to expand export capacity and cut costs.
- The changes are expected to generate $100 million in annual savings.
- The rulemaking updates PHMSA’s safety framework for LNG facilities.
The US regulator proposed new rules to speed up liquefied natural gas projects and expand export capacity as part of the Trump administration's push to accelerate energy infrastructure development. The US is the world's largest LNG exporter and is expected to add another 100 million metric tons to its production by the end of the decade. The proposed rulemaking updates the Pipeline and Hazardous Materials Safety Administration’s safety framework for LNG facilities by incorporating National Fire Protection Association standards. US Transportation Secretary Sean Duffy stated that leveraging new technologies will generate $100 million in savings annually. Global LNG buyers have been seeking more diverse supply sourcing, and Trump has championed the project for national security and trade benefits. Major LNG exporters like Cheniere and Venture Global LNG have announced plans to move forward with permitting capacity due to perceived permitting certainty under the current administration. Delfin LNG is set to become the first US floating LNG export facility, though it awaits PHMSA approval for its pipeline.