The Department of Energy formalized a decision green-lighting a massive natural gas project in Alaska on Monday that could lead to massive exports to Asia.
"It's the only major LNG project in America that's got all its permits – it's got state and federal. That's not easy to do," Sen. Dan Sullivan, R-Alaska, who has advocated for the project, told Fox News Digital in an interview."It's got its export license. That's also not easy to do, from DOE. And, importantly, it's got federal loan guarantees.
In October, Sullivan, U.S. Ambassador to Japan Rahm Emanuel and State Department senior energy adviser Amos Hochstein participated in a summit in Tokyo with Japanese officials to tout the benefits of the project. By comparison, the electric power sector across the entire West Coast — California, Oregon and Washington — consumed 2.4 bcf of natural gas per day last year, according to federal data.
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