AR SR23

Arkansas Senate endorses expanded liquefied natural gas (LNG) exports from the United States and encourages regulatory and legislative policies to streamline the permitting process

Resolution cites U.S. Department of Energy estimates projecting natural gas production 55% higher by 2035 than estimated four years prior, with sufficient supply to meet domestic demand while supporting exports

Studies indicate LNG export expansion could generate up to $86 billion in net economic benefits, create over 450,000 American jobs, and reduce the U.S. trade deficit by up to $60 billion by 2038

Nearly 30 LNG production facilities have applied to the Department of Energy for export licenses, with only one project having received final permitting approval at the time of resolution

Secretary of the Senate directed to send copies of the resolution to Arkansas members of U.S. Congress expressing state support for expanded LNG exports and streamlined permit approval for pending facilities