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US Energy Dept pledges action in handling gas export applications

VIENNA, June 30 |
Sun Jun 30, 2013 11:38am EDT

VIENNA, June 30 (Reuters) – U.S. Energy Secretary Ernest
Moniz said on Sunday he expected to have a “fair amount of
action” during 2013 in evaluating applications by companies to
export natural gas from the United States.

“I’m planning to go through them as rapidly as I can … I

certainly expect to have a fair amount of action this year,”
Moniz, who took office last month, said in an interview in the
Austrian capital.

U.S. companies hoping to export natural gas are frustrated
by lengthy delays and rule changes as they await U.S. Department
of Energy approval of their applications.

But some U.S. manufacturers and lawmakers have warned that a
rapid and unlimited push to export liquefied natural gas (LNG)
could lead to a sharp rise in gas prices and harm consumers and
energy-intensive industries.

(Reporting by Fredrik Dahl; editing by Jane Baird)

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