Congressman Poe urges exports of LNG to India
Online PR News – 06-May-2013 – April 26, 2013, Washington DC – April 26, 2013; Washington DC US India Political Action Committee (USINPAC) worked with the subcommittee on Terrorism, Non-Proliferation and Trade (TNT) on the issue of export of Liquid Natural Gas (LNG). The Chairman of the subcommittee on Terrorism, Non-Proliferation and Trade (TNT) which is part of the Foreign Relations Committee, Mr. Ted Poe, held a congressional hearing on LNG export on April 25, 2013 in Washington DC. The other Members of Congress that participated at the hearing included Congressmen Brad Sherman, Alan Lowenthal, Randy Weber, Juan Vergas and Joe Wilson. The hearing heard from expert witnesses from Industry, labor and think tanks.
Setting the agenda for the hearing, Congressman Poe acknowledged the significant potential for US LNG exports and laid specific emphasis on exports to India, a key strategic ally. Recognizing that US LNG exports to India and other allies would create US jobs, stimulate the economy, forge strong ties with India and preclude India's dependence on the Iran gas pipeline project; Congressman Poe emphatically questioned "Why are we not exporting LNG to India". He urged the Department of Energy to approve licenses of companies wanting to export LNG to non-FTA countries including India. Congressman Poe's views were endorsed by majority of the speakers who favorably testified about the viability of US LNG exports to allies such as India.
Hailing Congressman Poe's support for US LNG exports to India, USINPAC) Chairman, Mr. Sanjay Puri, said "LNG trade between US and India will enhance India' energy security while spurring the US economy. The deal will be a win-win situation for the two largest democracies in the world and significantly strengthen Indo-US economic and diplomatic ties."
About USINPAC: The US India Political Action Committee (USINPAC) is the voice of over 2.7 million Indian- Americans and works on issues that concern the community. It supports candidates for local, state and federal office and encourages political participation by the Indian-American community. For more details visit www.usinpac.com