Expediting Natural Gas Exports to Allies Act

To amend the Natural Gas Act to authorize expedited approval of applications to export natural gas to certain allies of the United States, and for other purposes. 1. Short title This Act may be cited as the Expediting Natural Gas Exports to Allies Act 2. Natural gas exports to allies and strategic partners (a) Finding Congress finds that expediting the approval of natural gas export applications for projects intended to increase the capacity of the United States to export natural gas to allies and strategic partners will— (1) empower United States natural gas exporters to better assist the strategic and national security interests of the United States and allies and strategic partners of the United States; and (2) lead to job growth, economic development, and energy security. (b) Natural gas exports Section 3(c) of the Natural Gas Act ( 15 U.S.C. 717b(c) (1) by striking (c) For purposes (c) Expedited application and approval process (1) Definition of covered nation (A) In general In this subsection, the term covered nation (i) means an ally described in section 3(b)(2) of the Arms Export Control Act ( 22 U.S.C. 2753(b)(2) (ii) during the period described in subparagraph (B), includes Cyprus, Finland, Moldova, Sweden, Taiwan, and Ukraine. (B) Period described The period described in this subparagraph is the period— (i) beginning on the date of enactment of the Expediting Natural Gas Exports to Allies Act (ii) ending on December 31, 2026, or such later date as the President determines is in the interest of national defense (as defined in section 702 of the Defense Production Act of 1950 ( 50 U.S.C. 4552 (2) Expedited approval Except as provided in paragraph (3), for purposes ; (2) in paragraph (2) (as so designated), by inserting the exportation of natural gas to a covered nation, or the exportation (3) by adding at the end the following: (3) Exclusions (A) Nations subject to sanctions The Commission shall not grant expedited approval under paragraph (2) of an application for exportation of natural gas to any nation that is subject to sanctions or trade restrictions imposed by the United States. (B) Nations designated by Congress The Commission shall not grant expedited approval under paragraph (2) of an application for exportation of natural gas to any nation designated by an Act of Congress as excluded from such expedited approval for reasons of national security. . (c) Effect The amendments made by subsection (b) shall not affect any Federal authorization to export natural gas from the United States to a foreign nation or to import natural gas into the United States from a foreign nation that is in effect on the date of enactment of this Act.

Summary: Expediting Natural Gas Exports to Allies Act This bill revises the approval process for applications to export natural gas. Specifically, the bill expedites the approval process for certain U.S. allies, such as Taiwan and Ukraine. However, the Federal Energy Regulatory Commission may not grant expedited approval for applications to export natural gas to any nation that is (1) subject to sanctions or trade restrictions imposed by the United States, or (2) designated by acts of Congress from such expedited approval for reasons of national security.