Energy Sec. Wright: ‘We’re Continuing to Ramp Up U.S. Natural Gas Exports’

EXCERPT:

WRIGHT: “So it is — it is tough to have lost that 10 Bcf a day of gas exports right now, but we’re adding about 2.5 Bcf a day of export capacity in the United States just this year. So, a quarter of that will be filled by growth from U.S. exports today. Now, of course, demand is growing too. Price mechanism right now is going to — is going to reduce the growth of LNG this year, but that’s a temporary interruption. Traffic will be flowing through the Straits of Hormuz, you know, as soon as we can, but certainly sometime this summer at latest.”