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The U.S. Energy Department announced Monday that it has issued a final authorization for aÌýcompanyÌýto exportÌýdomestically produced compressed natural gas (CNG)Ìýoverseas.
Emera CNG, LLCÌýwill be able to export CNGÌýup toÌý8 million cubic feet (0.24 million cubic meters) per dayÌýof natural gasÌýfrom its proposed facility at the Port of Palm Beach in the U.S. state ofÌýFlorida.Ìý
The company will be able to export LNGÌýto countries that the U.S. does not have aÌýFree Trade Agreement (FTA) withÌýfor a period of 20 years.Ìý
The U.S. Department of Energy has to authorize companies before they can export domestically produced natural gas to non-FTA countries.Ìý
The department has so far approved eight projects to export liquefied natural gas (LNG) from the U.S. to non-FTA nations. The earliest of them,ÌýCheniere Energy'sÌýSabine Pass project in the state of Louisiana, will begin LNG exports at the end of 2015 or the beginning of 2016.
"The development of U.S. natural gas resources is having a transformative impact on the U.S. energy landscape, helping to improve our energy security while spurring economic development and job creation around the country," the energy department said in a statement.
"This increase in domestic natural gas production is expected to continue, with theÌýEnergy Information AdministrationÌýforecasting a record average production rate of 78.92 billion cubic feet (2.21 billion cubic meters) per dayÌýin 2015," it added.Ìý
By Ovunc Kutlu
Anadolu Agency
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