Removes the existing federal approval requirements for natural gas exports and imports, giving the Federal Energy Regulatory Commission sole authority over applications for export and import facilities, including LNG terminals, while preserving the President's power to restrict trade under sanctions and emergency laws.

• Strikes subsections (a) through (c) of Section 3 of the Natural Gas Act and renumbers the remaining subsections
• Gives the Federal Energy Regulatory Commission exclusive authority to approve or deny applications to site, build, expand, or operate natural gas export and import facilities, including LNG terminals
• Directs the Commission to deem natural gas exports and imports consistent with the public interest
• Preserves the President's authority under the Constitution, sanctions laws, and emergency statutes to prohibit imports or exports, including with countries designated as state sponsors of terrorism

• Energy and Commerce Committee (House)
• Energy Subcommittee

Energy