Last Modified: Monday, April 15, 2013 10:23 PM
Only one American energy company has been granted permission to export liquefied natural gas and it will be operating in Southwest Louisiana.
Construction work continues at Sabine Pass, where Cheniere Energy intends to ship LNG to at least six clients.
Three other proposed LNG facilities in the region are awaiting approval and two other companies are considering building smaller facilities in the area, according to the Federal Energy Regulatory Commission.
Federal officials have been slow approving more than a dozen companies that want to put the abundant resource on the international market.
Petrochemical companies are one of the staunchest opponents of exporting natural gas because its low cost makes it financially feasible to use it in the manufacturing process.
Proponents of LNG exporting intend to voice their position during the 17th International Conference and Exhibition on Liquefied Natural Gas. The four-day event begins today at the George R. Brown Convention Center in Houston.
• Approved: Cheniere Energy (Sabine Pass LNG)
• Waiting approval: Energy Transfer Equity (Trunkline LNG), Lake Charles; Sempra (Cameron LNG), Hackberry and Magnolia LNG, Lake Charles.
• Potential projects: Waller LNG Services and Gasfin Development, both in Cameron.