India, Oct. 29 -- U.S. Transportation Secretary Sean P. Duffy announced that certain LNG regulations have been modified to fast-track new liquefied natural gas infrastructure projects, lower energy costs, and expand export capacity.
The Pipeline and Hazardous Materials Safety Administration, or PHMSA, published a Notice of Proposed Rulemaking (NPRM) to update liquefied natural gas standards for the first time in decades.
The proposed rule will codify advanced, cost-saving technologies that will enhance safety by allowing operators to seamlessly adopt modern innovations like pipe-in-pipe systems, single-walled ASME containers, and membrane storage tanks. Leveraging these technologies will generate $100 million in savings annually.
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