1. Short title This Act may be cited as the Unlocking Domestic LNG Potential Act of 2024 . 2. Advancing United States global leadership Section 3 of the Natural Gas Act ( 15 U.S.C. 717b ) is amended— (1) by striking subsections (a) through (c); (2) by redesignating subsections (d), (e), and (f) as subsections (c), (a), and (b), respectively, and reordering accordingly; and (3) by striking the section designation and heading and all that follows through the period at the end of paragraph (1) of subsection (a) (as so redesignated) and inserting the following: 3. LNG terminals; authority of the President to prohibit imports or exports of natural gas (a) LNG terminals (1) Authority of the Commission (A) In general The Federal Energy Regulatory Commission shall have the exclusive authority to approve or deny an application for the siting, construction, expansion, or operation of a facility, including an LNG terminal, to export natural gas from the United States to a foreign country or import natural gas from a foreign country. (B) Public interest In determining whether to approve or deny an application described in subparagraph (A), the Federal Energy Regulatory Commission shall deem the importation or exportation of natural gas to be consistent with the public interest. (C) Effect Except as specifically provided in this Act, nothing in this Act affects otherwise applicable law relating to the authority or responsibility of any Federal agency relating to facilities, including LNG terminals, to import or export natural gas. ; and (4) by adding at the end the following: (d) Rule of construction relating to authority To prohibit imports or exports (1) Definition of State sponsor of terrorism In this subsection, the term state sponsor of terrorism means a country the government of which the Secretary of State determines has repeatedly provided support for international terrorism pursuant to— (A) section 1754(c)(1)(A) of the Export Control Reform Act of 2018 ( 50 U.S.C. 4813(c)(1)(A) )